Download British Rule and the Indian Economy 1800–1914 by Neil Charlesworth PDF

By Neil Charlesworth

Show description

Read or Download British Rule and the Indian Economy 1800–1914 PDF

Similar economic conditions books

Capital and Interest - A Critical History of Economic Theory

Concerning the AUTHOR:Eugen Ritter von Böhm-Bawerk was once an Austrian economist who made very important contributions to the advance of the Austrian institution of economics.

The Industrial Revolution in America: Iron and Steel, Railroads, Steam Shipping (Industrial Revolution in America)

A magnificent set of books at the commercial Revolution, those entire volumes conceal the background of steam delivery, iron and metal creation, and railroads―three interrelated firms that helped shift the commercial Revolution into overdrive. • Sidebars―many that includes basic documents―include issues equivalent to Mark Twain's days as a river pilot, Andrew Carnegie's libraries, and the influence of railroads on immigration, giving scholars interesting insights into key matters and figures• contains in-depth biographical profiles and a finished index of individuals, areas, and key words for simple entry to info on particular subject matters

Failure of Economic Diplomacy: Britain, Germany, France and the United States, 1931-36

In line with new archival learn, it is a learn of the failure of foreign co-operation to strive against the nice melancholy. The textual content explores the impression of protectionism, reparations and warfare bills, in addition to the extra famous disagreements on financial concerns which, jointly, helped to lengthen the main profound monetary melancholy of the twentieth century.

Extra info for British Rule and the Indian Economy 1800–1914

Example text

Progress, too, in the provision of modem communications was considerable. By 1913 India boasted nearly 34,000 miles of railway, just over half the total for Asia (including the Russian Asiatic territories and the Middle East) and more than each of the continents of Africa and Australasia [123: 22]. Any reader tempted to a simple view of Indian 'industrial backwardness' might reflect that capacity in the Indian cotton spinning industry still exceeded that in the Japanese equivalent by nearly three times in 1914 [84: 335,367], a date when some would characterise Japan as having already achieved a cotton-led industrial take-off.

During this period the East India Company was prepared to use the Indian public revenues not just to settle overseas debt and administrative charges but also to meet financial obligations to its own shareholders. Remembering the drive to maximise land revenue receipts in this era, resources, it might be argued, were being directly expropriated to Britain from the Indian land, and the 'remittance problem' became widely noted in early nineteenth-century writings [118]. Then, during the 1830s, the issue acquired a different dimension as Indian governments started to borrow heavily in Britain, in particular to finance the expensive, expansionary wars of the period: the taxpayer in British India now seemed to be acquiring new burdens to ensure the subjection of other Indians.

These characteristics might be explained in terms of the poverty of the grass-roots economy and problems of raw material supply and location. Clearly the rate of growth of demand for industrial goods was likely to be slow and variable. The onset of depression in the Bombay cotton industry during the late 1890s might seem unsurprising when potential customers were faced with famine. Industry, too, understandably developed close to sources and channels of supply: Bombay the focus of trade routes from diverse cotton growing regions like Berar, Gujarat and Dharwar, and Calcutta the natural recipient of the Bengal countryside's jute.

Download PDF sample

Rated 4.80 of 5 – based on 7 votes