This book brings forth the general account of Indian economy in the first century of the British rule. It presents the current interpretations of the eighteenth century history, nature of tribute, drain of wealth from India to England, and the scope and problems of historical demography.
It discusses at length the condition of Indian economy before the British conquests, agrarian rights in late Mughal India, traditional agricultural practices in India, India’s sea- borne trade, indigenous system of banking, bills of exchange and insurance, Indian craft, condition of Bengal during British rule, East India Company’s economic role in India as a sovereign power, the scheme of permanent settlement, deindustrialization of India, and the Ryotwari system. The condition of foreign trade and credit, towns and manufactures, population, land settlements, state and foreign capital during 1757- 1857 find place in the discussion as well.
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