A brief study on economic impact of British rule in India during the colonial period

Abstract

After the battle of Plessey and Boxer, the British East-India company started to establish their control over Bengal and gradually the company introduced the sway almost all over India. Consequently, they started to introduce various reforms in favor of their administration. Keeping in mind in this regard they initiated a series of reforms for the people of India as they wished from their ends. The British brought about social, political, and agrarian reforms to improve the condition of the people of India. The Britain tried their best to improve the economic condition of the people of India as well as their colonial interest. Hence through this topic it has been tried how British governments make huge changes in the field of economy during their tenure. Economists, scholars, and lawmakers are still arguing about what part and how big British empire policy played in India's relative drop in world GDP from 1858 to 1947. Some people who didn't like British rule said that it had bad effects and that Britain made India less industrialized to help British exports, which made Indians poorer than they were before British rule.