This volume in the People's History of India series gives a general account of Indian economy in the first century of British rule (1757-1857). It describes the changes in Indian economy brought about by the pressure for tribute, the British land settlements, and the triumph of free trade. In order to set these changes in a proper perspective, it begins by furnishing a survey of pre-colonial economic conditions. A notable feature of the book is its reference to how aspects of Indian economy were seen and interpreted by contemporary observers. This is accomplished partly by a rich collection of extracts from the sources. There are also special notes on current interpretations of eighteenth-century history, the nature of tribute or drain of wealth from India to England, and the scope and problems of historical demography.
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.
A New Economic History of Colonial India provides a new perspective on Indian economic history. Using economic theory and quantitative methods, it shows how the discipline is being redefined and how new scholarship on India is beginning to embrace and make use of concepts from the larger field of global economic history and economics. The book discusses the impact of property rights, the standard of living, the labour market and the aftermath of the Partition. It also addresses how education and work changed, and provides a rethinking of traditional topics including de-industrialization, industrialization, railways, balance of payments, and the East India Company. Written in an accessible way, the contributors – all leading experts in their fields – firmly place Indian history in the context of world history. An up-to-date critical survey and novel resource on Indian Economic History, this book will be useful for undergraduate and postgraduate courses on Economic History, Indian and South Asian Studies, Economics and Comparative and Global History.
An immersive portrait of the lives of the British in India, from the seventeenth century to Independence Who of the British went to India, and why? We know about Kipling and Forster, Orwell and Scott, but what of the youthful forestry official, the enterprising boxwallah, the fervid missionary? What motivated them to travel halfway around the globe, what lives did they lead when they got there, and what did they think about it all? Full of spirited, illuminating anecdotes drawn from long-forgotten memoirs, correspondence, and government documents, The British in India weaves a rich tapestry of the everyday experiences of the Britons who found themselves in “the jewel in the crown” of the British Empire. David Gilmour captures the substance and texture of their work, home, and social lives, and illustrates how these transformed across the several centuries of British presence and rule in the subcontinent, from the East India Company’s first trading station in 1615 to the twilight of the Raj and Partition and Independence in 1947. He takes us through remote hill stations, bustling coastal ports, opulent palaces, regimented cantonments, and dense jungles, revealing the country as seen through British eyes, and wittily reveling in all the particular concerns and contradictions that were a consequence of that limited perspective. The British in India is a breathtaking accomplishment, a vivid and balanced history written with brio, elegance, and erudition.
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.
The Business of Empire assesses the domestic impact of British imperial expansion by analysing what happened in Britain following the East India Company's acquisition of a vast territorial empire in South Asia. Drawing on a mass of hitherto unused material contained in the company's administrative and financial records, the book offers a reconstruction of the inner workings of the company as it made the remarkable transition from business to empire during the late-eighteenth century. H. V. Bowen profiles the company's stockholders and directors and examines how those in London adapted their methods, working practices, and policies to changing circumstances in India. He also explores the company's multifarious interactions with the domestic economy and society, and sheds important new light on its substantial contributions to the development of Britain's imperial state, public finances, military strength, trade and industry. This book will appeal to all those interested in imperial, economic and business history.
This book seeks to enlighten two grey areas of industrial historiography. Although Bengal industries were globally dominant on the eve of the industrial revolution, no detailed literature is available about their later course of development. A series of questions are involved in it. Did those industries decline during the spells of British industrial revolution? If yes, what were their reasons? If not, the general curiosity is: On which merits could those industries survive against the odds of the technological revolution? A thorough discussion on these issues also clears up another area of dispute relating to the occurrence of deindustrialization in Bengal, and the validity of two competing hypotheses on it, viz. i) the mainstream hypothesis of market failures, and ii) the neo-marxian hypothesis of imperialistic state interventions