#1
19th April 2016, 04:06 PM
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Indian Economic History
Hello sir I want to know about Indian Economic History so here can you please give me its details ?
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#2
19th April 2016, 04:08 PM
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Re: Indian Economic History
Hey as The known Economic history of India begins with the Indus Valley civilization. Indus Valley civilization Indus Valley civilisation, the first known permanent and predominantly urban settlement that flourished between 3500 BC and 1800 BC boasted Mughal Empire During the Mughal period (1526–1858) in the 16th century, the gross domestic product of India was estimated at about 25.1% of the world economy. British rule After gaining the right to collect revenue in Bengal in 1765, the East India Company largely ceased importing gold and silver, which it had hitherto used to pay for goods shipped back to Britain. Agriculture and industry The Indian economy grew at about 1% per year from 1880 to 1920, and the population also grew at 1%. Economic impact of British imperialism Debate continues about the economic impact of British imperialism on India. The issue was actually raised by conservative British politician Edmund Burke who in the 1780s vehemently attacked the East India Company, claiming that Warren Hastings and other top officials had ruined the Indian economy and society |