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Two distinguished historians, Barbara Metcalf and Thomas Metcalf, come together to write a new and accessible account of modern India. The narrative, which charts the history of India from the Mughals, through the colonial encounter and independence, to the present day, challenges imperialist notions of an unchanging and monolithic India bounded by tradition and religious hierarchies. Instead the book reveals a complex society which is constantly transforming and reinventing itself in response to political and social challenges. The book is beautifully composed and richly illustrated. It will be essential reading for anyone who wants to understand India, her turbulent past and her present uncertainties.
This book presents a concise economic history of India from 1600 to the mobile economy of the twenty-first century. It examines political events, social history, and economic developments across the world through the years to showcase how India has navigated its economic past, present, and future, and shaped events that for years controlled the Indian economy. This volume covers a range of important themes, which include: • Medieval fiscal systems, and the European surge in India; • The impact of the British Industrial Revolution on India; English interventionism and policies; the imperialistic economy and its impact; • Indian economy and nationalist movement in the nineteenth and early-twentieth century; the Great Depression and its global consequences; • Gandhiism and ‘mass nationalism’; Independence and Partition; the impact of the World Wars; the inter-war economy; the rise of the dollar, and other key global trends; • The Cold War and India; • Constitutional remedies, nation-building and industrial policies; food security, the Green Revolution, and the power politics of 1970s; • Liberalization, privatization, and globalization in the 1990s; and • The economy of war and peace, India–China relations, and current trends in political economy. The book offers a lucid and insightful narrative of how the economy unfolded in India., It will interest readers of Indian history, economic history, and South Asian history and other general readers.
The history of Indian economic thought provides rich insights into both economic issues and the workings of the Indian mind. A History of Indian Economic Thought provides the first overview of economic thought in the sub-continent. Arguing that it would be inappropriate to rely on formal economic analyses it draws on a wide range of sources; epics, religious and moral texts for the early period and public speeches, addresses, and newspaper articles for controversies from the nineteenth century onwards. What emerges is a rich mosaic reflecting India's different cultures and civilizations. Hinduism, Buddhism and Islam all address economic issues and British colonial rule had a deep impact, both in propagating Western economic ideas and in provoking Indian theories of colonialism and underdevelopment. The author concludes with chapters on Ghandian economics and on Indian economic thought since Independence.
In a second edition of their successful Concise History of Modern India, Barbara Metcalf and Thomas Metcalf explore India's modern history afresh and update the events of the last decade. These include the takeover of Congress from the seemingly entrenched Hindu nationalist party in 2004, India's huge advances in technology and the country's new role as a major player in world affairs. From the days of the Mughals, through the British Empire, and into Independence, the country has been transformed by its institutional structures. It is these institutions which have helped bring about the social, cultural and economic changes that have taken place over the last half century and paved the way for the modern success story. Despite these advances, poverty, social inequality and religious division still fester. In response to these dilemmas, the book grapples with questions of caste and religious identity, and the nature of the Indian nation.