Author name: Varsha Verma

India’s foreign trade was adversely affected by the British government’s restrictive policies on commodity production, trade, and tariffs. Here’s a simplified version of the state of India’s foreign trade on the eve of independence: Export of Raw Materials, Import of Finished Goods: India mainly exported primary products like silk, cotton, wool, sugar, indigo, and jute. […]

The industrial sector of India did not progress under British rule. Here’s a simplified version of the state of the Indian industrial sector on the eve of independence: Decline of Handicraft Industry: The British government deliberately de-industrialized India for their own benefit. They wanted cheap raw materials from India to support British industries and sold