INDIAN ECONOMY ON THE EVE OF INDEPENDENCE
This topic is all about condition of indian economy before independence , various condition are talked in this topic to crate an imaginery image what's the condition are happen before independence, Various Factore we discussed are :-
- Per Capita income :-
i) First ever estimation of per capita income are prepared By Dadabhai Naoroji in 1867-68, In which Indian Poverty Are Highlight completely As estimation Of Rs. 20 Per Capita Income as Compare national Income of 340 Crore
ii) After , Than First Ever scientific Estimation are done By Prof. V.K.R.V Rao in 1931-32 , Acc. To Him There is About 1,689 Crore National income Estimation Of Rs. 62 As Per Capita Income
- AgriCultural Sector Before independence :-
These Sector is not well developed , indian agriculture sector continued to experience stagnation and Deterioration Due To Some Following Reason
i) Defective Production, Improper use of fertilizer & weak Productivity
ii) Less Employement
iii) Poor growth leads poor farmer
iv) There are Some Land Tenure System Are as
* Zamidari Syustem
* Mahalwari System
* Ryotwari System
- Industrial Sector Before indepndence :-
These Sectoe Are also not well developed During British Rule In India, Due To Following rules :-
i) British government Introducing a policy called "De-industrialisation" In Which british Government Take Raw Material At Cheap Rate And Sell Product it To Indian Market At higher prices , Which Exploit Indian alot
ii) British Government Support Those heavy industries Which Can't Create Competition to them , and these are witnessed by many consumer goods industries
iii) Limited public sector operation which are confined only on railways, communication, etc
- Foreign Trage Before independence :-
As Usual these Having Same Condition like other sector for these there are some following reason are
i) india became cheaf exporter of raw material and net importer of finished good ,which create exploitation because raw material goes on cheap rate and finished good import high rate
ii) Opening of Suez Canal for better transportation create easier way to exploit indian market , because it creates better oppurtunity to british for direct ship trade
iii) Many British government policies Having motivation behind is to snatch more and more profit from indian market cause more exploitation
- Demographical Condition before independence :-
is not so much well developed , because of
i) Acording to Census in 1881, there is about 48-40 thousand of death rates per thousand, expected life about 32, literacy rate about 17% , and death below one year aged child are about 18 ,,,, enough to say
ii) Low Standard living are also often by britishers , there is estimation about that there about 80-90 % people who even can't complete their life cycle
- Infrastructure before independence :-
In British rule , Britisher developed some basic infrastructure are Railways, Water transport , Telegrafh etc
@ Railway :-
Britishers firstly introduced railway in india in 1850, which creates better oppurtunity for transport, trade export and etc
@ Roads :-
These roads are very important for transporting goods and connecting rulers to urban ,and urban to rulers areas
@ Water transport :-
water Transport Help to transport Varoius products through water way
@ Postal Service and telecom services :-
For exchanging Document and knowledge far away instantly
This topic is all about condition of indian economy before independence , various condition are talked in this topic to crate an imaginery image what's the condition are happen before independence, Various Factore we discussed are :-
- Per Capita income :-
i) First ever estimation of per capita income are prepared By Dadabhai Naoroji in 1867-68, In which Indian Poverty Are Highlight completely As estimation Of Rs. 20 Per Capita Income as Compare national Income of 340 Crore
ii) After , Than First Ever scientific Estimation are done By Prof. V.K.R.V Rao in 1931-32 , Acc. To Him There is About 1,689 Crore National income Estimation Of Rs. 62 As Per Capita Income
- AgriCultural Sector Before independence :-
These Sector is not well developed , indian agriculture sector continued to experience stagnation and Deterioration Due To Some Following Reason
i) Defective Production, Improper use of fertilizer & weak Productivity
ii) Less Employement
iii) Poor growth leads poor farmer
iv) There are Some Land Tenure System Are as
* Zamidari Syustem
* Mahalwari System
* Ryotwari System
- Industrial Sector Before indepndence :-
These Sectoe Are also not well developed During British Rule In India, Due To Following rules :-
i) British government Introducing a policy called "De-industrialisation" In Which british Government Take Raw Material At Cheap Rate And Sell Product it To Indian Market At higher prices , Which Exploit Indian alot
ii) British Government Support Those heavy industries Which Can't Create Competition to them , and these are witnessed by many consumer goods industries
iii) Limited public sector operation which are confined only on railways, communication, etc
- Foreign Trage Before independence :-
As Usual these Having Same Condition like other sector for these there are some following reason are
i) india became cheaf exporter of raw material and net importer of finished good ,which create exploitation because raw material goes on cheap rate and finished good import high rate
ii) Opening of Suez Canal for better transportation create easier way to exploit indian market , because it creates better oppurtunity to british for direct ship trade
iii) Many British government policies Having motivation behind is to snatch more and more profit from indian market cause more exploitation
- Demographical Condition before independence :-
is not so much well developed , because of
i) Acording to Census in 1881, there is about 48-40 thousand of death rates per thousand, expected life about 32, literacy rate about 17% , and death below one year aged child are about 18 ,,,, enough to say
ii) Low Standard living are also often by britishers , there is estimation about that there about 80-90 % people who even can't complete their life cycle
- Infrastructure before independence :-
In British rule , Britisher developed some basic infrastructure are Railways, Water transport , Telegrafh etc
@ Railway :-
Britishers firstly introduced railway in india in 1850, which creates better oppurtunity for transport, trade export and etc
@ Roads :-
These roads are very important for transporting goods and connecting rulers to urban ,and urban to rulers areas
@ Water transport :-
water Transport Help to transport Varoius products through water way
@ Postal Service and telecom services :-
For exchanging Document and knowledge far away instantly
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