Monday, August 27, 2012

What were the economic conditions of india before independence ?

Before independence the economy of India was under sables.The economy was largely agrarian & more then 80% of the population was engaged in agriculture.The yield per acre was low & there was a persistent threat of drought & flood.there was no efficient canal & irrigation facility.The soil due to non replenishment lost its fertility & the food production was stagnant or was falling.
There was no industry to manufacture goods only the textile industry faced the highly competitive goods & industry manufactured goods from England.
In the name of service sector there was no banks or insurance.
there was no product innovation & the science & technology was stagnant.
Education was largely westernized & was filed with western philosophy & culture & ideas.But the good things about the education was that they introduced English to India & some glorified western philosophies of democracy,socialism,fraternity & to think & challenge the old believe 7 to think scientifically.But the Indian values culture & history was largely neglected.It can be rightly said that the education system was aimed at producing good clerks & tax collector for their Raj to continue & efficiently control the administration.
They society was clearly divided into 2 clearly divisible groups & the center of adminstration & wealth were British officials & the deceased maharajahs who had conceded theirs provinces to the Britishers & the the poor Indians who had to pay higher taxes.

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