Practicing Success
The Indian economy was independent before the advent of the colonial rule. Even though agriculture was the main source of livelihood for majority of people, the country’s economy was characterised by various kinds of manufacturing activities. India was particularly well known for its handicraft industries. Under colonial rule, the country’s world famous handicraft industries declined. Although modern industry began to take root in India during the second half of the nineteenth century, but its progress remained really slow. There were hardly any capital goods industry to help promote industrialisation in our country. The colonial regime did make certain contributions and developments in the country in the areas like infrastructure. But the real motive behind these developments was to serve various colonial interests. |
What effect did development of infrastructure like railways had on the Indian society and economy ? |
Break geographical and cultural barriers Commercialisation of Indian agriculture Expansion of exports All Of These |
All Of These |
The railways affected the structure of the Indian economy in two important ways. On the one hand, it enabled people to undertake long distance travel and thereby break geographical and cultural barriers while, on the other hand, it fostered commercialisation of Indian agriculture which adversely affected the self-sufficiency of the village economies in India. The volume of India’s exports undoubtedly expanded but its benefits rarely accrued to the Indian people. |