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Indian Defence Review Jan-Mar 2022 (Vol 37.1)
Indian Defence Review Jan-Mar 2022 (Vol 37.1)
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The Economic History of British India Rs.995.00/-

$40.00

“The natives scarcely know what it is to see the grey head of an Englishman; young men, boys almost, govern there, without society, and without sympathy with the natives. They have no more social habits with the people than if they still resided in England; nor, indeed, any species of intercourse but that which is necessary to making a sudden fortune, with a view to a remote settlement. Animated with all the avarice of age, and all the impetuosity of youth, they roll in one after another; wave after wave, and there is nothing before the eyes of the natives but an endless, hopeless prospect of new flights of birds of prey and passage, with appetites continually renewing for a food that is continually wasting. Every rupee of profit made by an Englishman is lost for ever to India.”

“The East India Company’s trade was abolished in 1833, and the Company was abolished in 1858... Their capital was paid off by loans which were made into an Indian Debt, on which interest is paid from Indian taxes. The empire was transferred from the Company to the Crown, but the people of India paid the purchase-money The Indian Debt, which was £51,000,000 in 1857, rose to £97,000,000 in 1862. Within the forty years of peace which have succeeded, the Indian Debt has increased continuously, and now (1901) amounts to £200,000,000. The “Home Charges” remitted annually out of the Indian revenues to Great Britain have increased to sixteen millions. The pay of European officers in India, virtually monopolising all the higher services, comes to ten millions. One-half of the nett revenues of India, which are now forty-four millions sterling, flows annually out of India. Verily the moisture of India blesses and fertilises other lands.”

Author: Romesh Chandra Dutt
ISBN: 9788170623496
Pages: 400
Features: First Published 1902, HB
This product was added to our catalog on Tuesday 22 November, 2022.
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