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Economic impact of British rule

Economic impact of British rule for UPSC Prelims and Mains, taught in 2 parts. Each part has tables, exam traps, a recap and practice questions, and every paragraph is explained in Malayalam.

Quick recap: Quick recap: Economic impact of British rule on one page

Both parts of the chapter condensed for quick revision: the Permanent Settlement, Ryotwari and Mahalwari, commercialisation and rural debt; the drain of wealth, deindustrialisation, railways and the guarantee system, the first modern industries and famine policy.

Parts of this chapter

Part 1

Land revenue and the agrarian economy

Why land revenue mattered after the diwani, Warren Hastings's revenue farming, Cornwallis's Permanent Settlement (1793) and its effects, the Ryotwari system of Read and Munro (Madras, Bombay), the Mahalwari system (Regulation VII of 1822, Regulation IX of 1833), a comparison of the three, the commercialisation of agriculture, and rural debt from the Deccan Riots (1875) to the Punjab Land Alienation Act (1900). Part 2

Drain, deindustrialisation and the colonial economy

The drain of wealth and the home charges, the critique of Naoroji, R. C. Dutt and Ranade, deindustrialisation after the Charter Acts of 1813 and 1833 and one-way free trade, railways from Dalhousie's minute (1853) and the guarantee system, the telegraph and the Post Office Act of 1854, the first cotton and jute mills and TISCO (1907), famines and the Famine Commissions of 1880, 1898 and 1901, and the economic critique of early nationalism.

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