International Journal of Research in Economics and Social Sciences
  • Year: 2016
  • Volume: 6
  • Issue: 11

First Decade of Post British Rule in India-A valuation of foreign trade before and after British rule in India

  • Author:
  • Parduman Singh
  • Total Page Count: 6
  • Page Number: 461 to 466

Assistant Professor of History, Govt. College for Women, Rohtak

Online published on 20 April, 2017.

Abstract

Indian economy was the healthiest economy in the ancient world. Our economy was the rich source of such items that attracted many of foreign rulers to visit and rule in India. Since 1987 British government took over all the liabilities of company and started utilized Indian economy on many profit purposes. For this our industries and agriculture were exploited in many ways. An attempt has been made in the present research paper to examine the first decade foreign trade and growth of Indian economy after British rule in India. The present research paper also highlights a comparison between foreign trade composition of different goods within a decade before and after British rule in India. It can be concluded that the demand of manufacturing article was higher before independence and after independence the demand of raw material was high. In case of domestic production and export it can be concluded that raw material was highly exported before independence and after independence it was manufacturing goods. Finally it can be concluded that Indian foreign trade faced high variation before and after independence.

Keywords

Trade, British Rule, Export, Import, Decade