Students group work.

2. Before the British rule, India was self-sufficient in
textile and Cotton products but during the British
rule, India fell down to the position of importing
cloth from England.
BRIEF INTRODUCTION

3. DADABHAI NAOROJI WAS THE FIRST TO ACKNOWLEDGE
THAT THE POVERTY OF THE INDIAN PEOPLE WAS DUE
TO BRITISH EXPLOITATION OF INDIA’S RESOURCES AND
THE DRAIN OF INDIA’S WEALTH TO BRITAIN
THE DRAIN THEORY
THE DRAIN THEORY WAS AN INDICATION OF THE NATIONALIST LEADERS’
COMPREHENSIVE UNDERSTANDING OF THE COLONIAL SITUATION.

4. THE PROCESS OF DISRUPTION OF TRADITIONAL INDIAN CRFATS AND DECLINE
IN NATIONAL INCOME HAS BEEN REFERRED TO AS DEINDUSTRIALISATION OF
THE INDIAN ECONOMY
INDIAN CRAFTS BEFORE THE INTRODUCTION OF MODERN METHODS WERE PRODUCED IN TWO WAYS..
1. THE VILLAGE ARTISANS SUCH AS WEAVERS OF COARS CLOTH, CARPENTERS AND SMITHS PRODUCED ARTICLES
FOR DOMESTIC PURPOSES.
2. THE SPECIALISED CRAFTSMEN IN TOWNS PRODUCED UTILITY AND LUXURY GOODS BOTH FOR THE DOMESTIC
AND INTERNATIONAL MARKETS

5. TRADE WITH EUROPE
TRADE WITH EUROPEAN NATIONS IN THE
SEVENTEENTH CENTURY WAS HEAVILY BALANCED IN
FAVOUR OF INDIA AS SHE EXPORTED LARGE QUANTITIES
OF FINE COTTON AND SILK FABRICS, SPICES , INDIGO , ETC.
IN EXCHANGE INDIA RECEIVED GOLD AND SILVER.

6. DURING THE PERIOD 1757 TO 1813, THE EAST INDIA COMPANY’S OBJECTIVE WAS TO
BUY MAXIMUM QUANTITY OF INDIAN MANUFACTURED GOODS AT THE CHEAPEST
POSSIBLE PRICE SO THAT THE SUBSTANTIAL PROFIT COULD BE MADE BY
SELLING THESE GOODS IN BRITAIN AND OTHER EUROPEAN COUNTRIES. THE RECKLESS
ATTEMPTS TO INCREASE THEIR PURCHASES WHILE FORCING DOWN THE PRICE
ADVERSELY AFFECTED THE TRADITIONAL INDIA EXPORT INDUSTRY, ESPECIALLY
THE COTTON TEXTILE INDUSTRY

7. THE SECOND HALF OF THE NINETEENTH CENTURY SAW THE
EMERGENCE OF A FEW MODERN INDUSTRIES IN INDIA.
THESE WERE MOSTLY OWNED AND CONTROLED BY BRITISH
COMPANIES. A FEW WERE OWNED BY INDIANS BUT THEY
FAILED TO DEVELOPE WITHOUT SUPPORT FROM THE GOVT.
INDUSTRIALISATION ON A LARGE SCALE, HOWEVER OCCURRED
ONLY AFTER INDIA’S INDEPENDENCE.
DURING THE LATE NINETEENTH CENTURY THE INDUSTRIES
THAT CAME UP INCLUDED EITHER PLANTATION OR MACHINE
INDUSTRY.

8. 1. DESPITE THE PROGRESS MADE BY THE INDIAN INDUSTRIES, THE PACE
AT WHICH THEY GREW TILL INDEPENDENCE WAS EXTREMELY SLOW.
2. THE INDUSTRIES WERE FEW IN NUMBER AND COULD BEFOUND ONLY IN
SOME AREAS.
3. THE BRITISH FOLLOWED ECONOMIC POLICIES THAT DID
NOT SERVE THE INDIAN INTERESTS AND MADE DELIBERATE ATTEMPTS
TO KEEP INDIAN INDUSTRIES IN A SUBORDINATE POSITION.
4. THERE WAS CONTINUOUS OPPOSITION TO INDIA’S DRAIN OF
WEALTH AND THE FAILURE OF THE BRITISH GOVT. IN DEVELOPING
INDIAN RESOURCES AND PROTECTING ITS INDEGENEOUS INDUSTRIES
5. IT WAS AFTER INDIA’S INDEPENDENCE THAT CONCENTRATED EFFORTS
WERE MADE TO PLAN AND DEVELOP HER INDUSTRIES

9. PREPARED BY : MEHEK CHOWDHURY…
GROUP MEMBERS: TAPASHREE
BANASHREE
RICHA
RAJOSHI
MEHEK
SAHIN