Economic Growth Of Indi India

The British East India Company took over India because of all the resources that they had. when the company made the Indians join a military they rebelled and started firing back at the British and then the company “called” the British government and they came with big guns to take control and regain India for themselves. British imperialism has a negative impact on the politics of india because of the British courts and the government wasn't far toward the indians. British imperialism had a negative impact on the economy of India because the British did not help the environment and they made railroads to take away from the land. British imperialism had a positive impact on the economy of India because the British eliminated highway robberies,

After the Industrial revolution started in Europe the Europeans needed raw material from other countries and from that came the Idea of Imperialism when one country takes over another. Although what the British were doing seemed to be benefiting India was actually doing the opposite. Many things that the Europeans did to India weather it was political, economic, or social the Europeans found ways to have those things benefit the British and very little or not at all to the Indian.

India’s economy is booming! With large decreases in poverty, increases in literacy and GDP, India is continuing to make its way out of the third world and into the first. India is predicted to surpass even China in growth by 2050. A competitive private capital market has instilled Indians with a low cost high quality mentality and has resulted in some of the highest return rates for any country. India has been averaging 6% growth compared to China’s 9.5% with half the investments. India capital efficiency is one of its strongest economic benefits.

“Englishmen.. have given the people of India the greatest human blessing - peace.” (Dutt). Merely coming to India in the 1600s to trade, the British East India Company established trading outposts. After ridding of French influence in India during the Seven Years’ War and having Indians mutiny against British rule, Britain gained full control of India. India has been under the imperialist control of the British until their independence in 1947. British imperialism caused some negative effects on India through poverty and persecution, but retained more of a positive impact due to its massive improvements in the modernization of India and the overall improvement of Indian civilization.

From 2003-2004 to 2006-2007, annual Real Growth Rate increases from 8.4% to 9.7%. Because of the summer’s credit-market crisis, the Indian GDP Growth decrease to 9.0% from 2007 to 2008 and Indian government estimates GDP Growth for 2008-2009 is 7.1%. The decrease of GDP ascribes the global financial crisis which affects India primarily through trade and capital outflows (The World Bank, 2008:16). On trade, exports are possible to weaken and make its contribution to GDP growth may be drop sharply. However, during

Rule of east India Company (1758-1858) came to end and India came directly under British crown under the Indian act of independence 1858. The British Empire covered one quarter of earth after ww1; it was referred as an empire on which sun never set. During 19th century Britain sought to strengthen its hold on Indian subcontinent because of availability if natural resources. It was considered as a model colony, it was profitable to Britain, and one more plus point was that it provided route to china. In 1870 British were economically at the top, however during 19th century there were large scale famine in India. However British rule over India was not threatened at that time. Many Reforms were introduced under British rules .British raj over India before and after First World War was marked with many

British imperialism had a negative impact on the politics of India because of the establishment of the framework for India that leads to their downfall and the Indian Army which they used to control their own kind. According to Dr.Lalvani, the British established the framework for India’s justice system, civil services, loyal army, and the efficient loyal police. (Paragraph #6). While this is true, the framework didn’t include the Indians, because “Of 960 civil offices, 900 are occupied by English men and 60 by natives”(Doc. #2). British laws often benefited the British and were designed to limit the freedom of speech of the Indians, for example, the Rowlatt Act in 1919. (Gandhi). This evidence shows that the British, when creating the framework for the new and improved India wanted to benefit from it while trying to lower the Indian’s and limit the

Lalvani states that “... both nations benefited from the trade links that were firmly established in the 17th century and continued under the East India Company” (paragraph #10). However, because of the trade links established, cheap English fabric flooded the market, decreasing exports of Indian cloth and leading to loss of work, poverty, starvation, and even death as a result (document #5 & #6). The trade links led to the destabilization of the Indian economy and rendered Indians dependent on the British, losing the self-sufficiency they had before imperialism. In paragraph 17, Lalvani claims “the British also worked to preserve the environment and animals of India”. In reality, the growth of cash crops ruined Indian soil, only allowing them to grow the crops the British wanted.

By around the year 1920, The British have taken control of more than 25 percent of the human population. India was one of those colonies. Originally used by the British East India Company for a source of Cotton, Indigo, and Tea, The British took complete Economic, Social, and Political control of India before the Sepoy Rebellion in 1857. With many natural resources and a huge population of potential consumers, India had become the ¨Jewel in the Crown¨ of the British Empire. The administration of India that Britain created was superbly efficient, leading to the construction of massive infrastructure throughout all of India, and the education of some elite class Indians. On the other hand, British rule of India served the needs of the British

Britain had taken an economic interest of India long ago in the 1600’s. India had quickly become the “Jewel of the Crown.” However as time went on, the British’s interest had developed India into a target for imperialism. In 1757, the British empire had won their battle and took control. The Englishmen had taken India’s power, caused them poverty, killed their environment, drove them into starvation, increased death rates, and wasted their time with ineffective education.

The British possessed most of the economic and political power and established restrictions, which the Indians were not allowed to go against. However, India received several benefits from Britain’s rule, mainly in economy and education. The British rule in India assisted India in developing its capital for the future, as an independent country. Britain discovered several raw materials, which could easily be produced in India, which meant more wealth.

From the time of the 1500s, a policy of expansion known as imperialism had been practiced by many countries due to political, economic and social reasons. The result of imperialism can be viewed differently based on a person or country’s perspective. Some country benefited from imperialism while others are imperialized and taken over. There are two time periods of imperialism, old and new imperialism. Old imperialism occurred from the 1500s-1700 while new imperialism occurred from the 1700s to the 1900s. Old imperialism focused on mercantilism and conquering while new imperialism focused on capitalism and obtaining resources. One area new imperialism was practiced was the Indian subcontinent.

The purpose of this historical inquiry is to analyze to what extent did British Imperialism have an effect on shaping modern India? The main source that will be discussed in this paper is the seventh book of the Spotlight on History Series called The British Raj, which explains the reasons behind the conflicts between the British Empire and Indian nationalism and assess the achievements of a memorable relationship.

Imperialism changed the society of the mother countries colonies. When British started establishing themselves in Southeast Asia in the 1800’s the people of Canton were not happy about their presence. They referred to the English “as nature's more greedy than anacondas or swine,” (The People of Canton, 3) and “Dogs, whose desires can never be satisfied.” (The People of Canton, 12) They thought that the only way to rebel against them, even if the gods are disappointed in them at the moment. Not all societies viewed the British as a “villainous,” and “beast-like.” The people of India thought the British helped their society for the better. The English helped them with the “destruction of dacoits, thugs, pindarees and other pests of Indian Society.”

The colonization of India and the immense transfer of wealth that moved from the latter to Britain were vital to the success of the British Empire. In fact, the Viceroy of British India in 1894 called India “the pivot of our Empire …” I examine the effects of the Industrial Revolution on the subcontinent. Besides highlighting the fact that without cheap labor and raw materials from India, the modernization of Britain during this era would have been highly unlikely, I will show how colonial policy led to the privation and death of millions of natives. I conclude that while India undoubtedly benefited from British colonial rule, the negatives for the subject population far outweighed the positives.