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This Book Offers A Comprehensive Profile Of The Socio-Economic History Of Modern India From 1757-1947. It Is An Attempt At Giving A Simplified And Balanced Account Of The Complex Events Which Marked The Period Under Review. Throughout The 17Th And 18Th Centuries, India Maintained A Favourable Balance Of Trade, And Had A Stable Economy. Self-Sufficient Agriculture, Flourishing Trade And Rich Handicraft Industries, Which Were Some Of The Main Features Of Indian Economy. During The Last Half Of The 18Th Century, India Was Conquered By A Trading Corporation, The English East India Company. Along With The Consolidation Of British Political Hegemony In India, There Followed, The Colonization Of Its Economy. Further, The British Rule Also Dealt A Fatal Blow To The Peculiar Feudal Framework Which Provided The Matrix For The Indian Society For A Millennium.The British Conquest Led To The De-Industrialization Of The Country And Increased Dependence Of People On Agriculture. The Land System Of The British Ruined The Peasantry, And Agriculture Declined Steadily. It Was Responsible For The Economic Backwardness Of Colonial India. No Doubt, The Establishment Of Modern Industries Gave Rise To The Working Class In India, But The Harsh Conditions In Which They Had To Work Led To Steady Growth Of Proletarian Movement. Similarly The Modern Means Of Communication Were Established Mainly To Serve The Interests Of England In India. During The British Raj, Though The Volume Of Trade Increased, The Balance Of Payment Was Not At All Favourable For India.The Last Six Chapters Of The Book Deal With The Society, Caste Structure, Western Intellectual And Ideological Influence, Socio-Religious Reform Movements, Education, Social Mobility Etc. The Transformation That Came-About Was Limited In Nature. Process Of Social Mobility Has Been At Work In The Modern Periods. At The Same Time We Witnessed The Growing Assertion Of The Lower Castes Against The Higher Castes In The Political And Economic Domains. This Book Is Designed Primarily To Meet The Needs Of The Students And Examinees Offering Social And Economic History Of Modern India As Subjects For Various Universities And Competitive Examinations.
The studies on economic history of modern India had a very late beginning. During the early stage of historiography, a few historians recognized the connection between political and economic history remained a chapter on economic conditions only. Causes and effects of economy were never and analyzed. This book attempts to fill that gap. Examining the characteristic of a colonial economy, the book discusses the process of colonizing Indian economy, with speared focus on monopolistic trade tactics, banning of Indian products in Britain, transformation of trade after industrial revolution and entry of foreign enterprises in India. It also extend an elaborate discussion on land settlement, revenue policies, commercialization of agriculture, decline of handicrafts, state of irrigation, development of transport and communication and currency. Finally, it evaluates economic impact of British rule and addresses the issue of economic drain from India.
Volume 2 of The Cambridge Economic History of India covers the period 1757-1970, from the establishment of British rule to its termination, with epilogues on the post-Independence period.
This book provides an interpretive and comprehensive account of the history of India between the eighteenth and twentieth centuries, a crucial epoch characterized by colonialism, nationalism and the emergence of the independent Indian Union. It explores significant historiographical debates concerning the period while highlighting important new issues, especially those of gender, ecology, caste, and labour. The work combines an analysis of colonial and independent India in order to underscore ideologies, policies, and processes that shaped the colonial state and continue to mould the Indian nation.
Much has been written on the Indian economy but this is the first major attempt to present India's economic history as a continuous process, and to place the development of agriculture, industry and currency in a political and historical context.
‘Jha is the right scholar and economist to take readers through the development of the Indian economy. Readers will be in good hands.’ —Edmund Phelps, Columbia University, USA, and winner of the 2006 Nobel Prize in Economics ‘This is perhaps the best and most scholarly contribution to understanding the Indian Economy and Society. Its rich historical perspective and a profound understanding of how India has evolved into a major economic power set standards of scholarship and analytical rigour that will be hard to surpass". —Raghav Gaiha, University of Manchester, UK ‘Linking of economy and society is increasingly recognised as essential for addressing policy challenges by the current phase of globalisation. As such this study should be valuable not just for those studying India, but also for those interested in global developments.’ —Mukul Asher, National University of Singapore, Singapore ‘This book is a tour-de-force review of the fundamental topics on the Indian political economy and society that are relevant for any committed social scientist to be aware of.’ —Sumit K. Majumdar, University of Texas at Dallas, USA This two-volume work provides an account of how India has been meeting its myriad of economic, political and social challenges and how things are expected to evolve in the future. Despite enormous challenges at the time of independence, India chose to address them within a secular, liberal, democratic framework, which guaranteed several fundamental rights. Challenges included intense mass poverty and hunger, very poor literacy and educational abilities of the population, the task of uniting a country with scores of languages and ethnicities ruled by different entities for decades and persistent threats of external aggression, to name just a few. Over time, incomes and opportunities have expanded enormously and India has regained her self-confidence as a nation. In this first volume, Jha presents a long view of the performance of the Indian economy and discusses key aspects of India’s population, land and labor. In addition, the Indian Constitution and basic structure of governance are analysed within the context of major economic and political developments in independent India.
A wide-ranging survey of the Indian sub-continent, Modern South Asia gives an enthralling account of South Asian history. After sketching the pre-modern history of the subcontinent, the book concentrates on the last three centuries from c.1700 to the present. Jointly written by two leading Indian and Pakistani historians, Modern South Asia offers a rare depth of understanding of the social, economic and political realities of this region. This comprehensive study includes detailed discussions of: the structure and ideology of the British raj; the meaning of subaltern resistance; the refashioning of social relations along lines of caste class, community and gender; and the state and economy, society and politics of post-colonial South Asia The new edition includes a rewritten, accessible introduction and a chapter by chapter revision to take into account recent research. The second edition will also bring the book completely up to date with a chapter on the period from 1991 to 2002 and adiscussion of the last millennium in sub-continental history.
In recent decades, private investment has led to an economic resurgence in India. But this is not the first time the region has witnessed impressive business growth. There have been many similar stories over the past 300 years. India's economic history shows that capital was relatively expensive. How, then, did capitalism flourish in the region? How did companies and entrepreneurs deal with the shortage of key resources? Has there been a common pattern in responses to these issues over the centuries? Through detailed case studies of firms, entrepreneurs, and business commodities, Tirthankar Roy answers these questions. Roy bridges the approaches of business and economic history, illustrating the development of a distinctive regional capitalism. On each occasion of growth, connections with the global economy helped firms and entrepreneurs better manage risks. Making these deep connections between India's economic past and present shows why history matters in its remaking of capitalism today.
India's remarkable economic growth in recent years has made it one of the fastest growing economies in the world. This Oxford Handbook reflects India's growing economic importance on the world stage, and features research on core topics by leading scholars to understand the Indian economic miracle and the obstacles India faces in transforming itself into a modern 21st-century economy.
From Plassey to Partition is an eminently readable account of the emergence of India as a nation. It covers about two hundred years of political and socio-economic turbulence. Of particular interest to the contemporary reader will be sections such as Early Nationalism: Discontent and Dissension , Many Voices of a Nation and Freedom with Partition . On the one hand, it converses with students of Indian history and on the other, it engages general and curious readers. Few books on this crucial period of history have captured the rhythms of India s polyphonic nationalism as From Plassey to Partition.