The Economic History of India, 1857–1947: Third Edition

One of the most widely-read accounts of Indian economy under colonial rule, The Economic History of India documents and examines multilayered structural shifts in Indias economy initiated by the Raj. Strongly differing from linear perspectives, this book situates colonial Indias transition to a stable democratic state in the rubric of global and South Asian economic history. This new edition interconnects Independent Indias development issues to the countrys economic history. Significantly revised and updated, it undertakes a nuanced analysis of
• Indias transition under colonialism, in terms of the impact on education, law, business organization, and land rights
• trends in macroeconomic aggregates, such as national income, population, labour, savings, and investment
• major sectors of development, namely agriculture, mining, industry, infrastructure, banking, and trade
• the interconnection of colonial economic history to the economic change in post-Independence India
Lucid and accessible, this edition presents a fresh reader-friendly format, additional illustrations, detailed suggested readings, and a new glossary.