Paper I · 6 Indian Economy & Planning · 6.1.3 Growth and development

6.1.3.3 Colonial economy: drain of wealth, deindustrialisation and India on the eve of independence

British rule drained India's surplus to Britain, destroyed its handicrafts, kept agriculture stagnant and left the economy poor, agrarian and unevenly developed in 1947.

  • APPSC Paper I · Paper I
  • Advanced level
  • 6 min read
  • Full course

Key terms

  • drain of wealth
  • Dadabhai Naoroji
  • R.C. Dutt
  • deindustrialisation
  • commercialisation of agriculture
  • Permanent Settlement
  • home charges
  • famines
  • Partition
  • colonial economy

What this note covers

  1. Core factsFoundation
  2. ExplainedStandard
  3. DeeperAdvanced
  4. Mains writingMains writing
  5. Common trapsFoundation
  6. Quick revisionFoundation

Read the full note in the app. It is part of the APPSC Paper I full course in Medha AI. Free in the app: the first chapter of each topic.

Read the full note in the app Indian Economy & Planning questions with answers

All Growth and development notes · APPSC Paper I syllabus · APPSC Paper I Mock 1 with answers · Start free

Medha AI writes its own notes and checks them against the sources listed. Medha AI is an independent preparation service. It is not affiliated with, endorsed by or connected to APPSC, TSPSC, MPSC, UPSC or any other commission or government body.