NCERT Chapter 1 Indian Economy on the Eve of Independence
Chapter 1 Indian Economy on the Eve of Independence 1. What was the focus of the economic policies pursued by the colonial government in India? What were the impacts of these policies? Ans: The main aim of the economic policies adopted by the colonial government was to make India just a supplier to Britain’s flourishing industries. The policies were made to benefit and strengthen their own country. They completely ignored the interests of the Indian economy. These discriminatory policies made the Indian economy a supplier to British economy and consumer of finished goods of British economy. The effects of these policies are given below: 1. Low Economic Development During British rule, there was a very little economic development. This was because the British government was more focused on the promotion of their own economic interest. Consequently, the colonial rule converted India's agriculture sector into a supplier of raw materials for the British industrial base. This af...