Question

Write a short note on the industrial sector of India during the colonial rule​
( pls answer the question at 11 th grade level )

Answer 1

Explanation:

On setting foot in India, the Britishers were looking to cripple out the blooming industrial phase. With this in mind, they eyed the aforesaid industries. In effect, they chalked out a plan to decentralize these flourishing industries. This de-centralization served two purposes.

Firstly, Indian export volume was made dominant with raw materials directed to Britain. Effectively, from a prominent exporter of manufactured handicraft items, India was reduced to a mere exporter of raw materials. Secondly, this ensured that there was a low level of local supply to meet Indian demands for finished goods. Hence, India was forced to turn towards British to meet its demands.

Answer 2

During the colonial rule, the development of industries was at a slow pace and did not witness much growth.

• The British de-industrialization's primary motive was dual. They never authorized modernization, nor did they encourage industrial growth.
• Britishers typically intended to develop India a net exporter of raw materials to British factories and to trade goods on the Indian market at a higher cost.
• There was barely an industry for capital goods for sustaining the sluggish industrial growth occurring in India.
• Further, Britishers never intended to set up these industries as they required people to be dependent on them for the supply of capital and heavy goods.
• Discriminatory tariff policies had also been pursued.
• The policies lead to the exempted sale of Indian raw substances, importation of finished goods from Britain and imposition of hefty duty and tariffs on Indian handicrafts exports.