Well, while going through one of a book on Indian Economics, I came across some very beautiful things about the Indian Economy in the Pre-colonial as well as during the Colonial age in India. India was having a PARADOX in the presence of the industries. It had, on the one hand self-sufficient villages and on the counter hand, well developed, well administered towns.
These regions were a plethora of muslin, sarees etc. Thus they dominated a great deal of global industrial share, not definitely as much Europe did! Indian Economy thus, was a healthy industrial nation. This tries to prove wrong, the so believed concept that India was always agro-dominated.
Let me have an opportunity to hear something from you about the Indian Economy during the British rule. If you're from another country, let us know your country's scenario when it was being ruled by some other body.
Bhagirath Baria
- Bhagirath Baria
- The Author of this blog has keen interest in understanding Economics and its implications on the Individual and the Economy as a whole. Has been writing articles and analysis of issues that may skip general observation, but exert deep influence on people's lives and their decisions. Discussions and Debates related to conventional as well as non-conventional Economics is done here. The author of this blog doesn't classify himself to any particular School of thought in Economics. He is tilted toward Mainstream Economics, though has keen interest in a few Heterodox schools too. Wishing all the readers a truly enriching experience.
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