The Economic Impact of British Colonial Rule in India.
Disruption of traditional economy The British economic policies led to the rapid transformation of India's economy into a colonial economy whose nature and structure were determined by the needs of the British economy
With the British colonial rule, there was a sudden and quick collapse of the urban handicrafts industry
The ruin of Indian industries, particularly rural artisan industries happened faster with the railways coming in.
In the Zamindari areas, the peasants were left to the mercies of the zamindars who raised rents to unbearable limits and compelled them to pay illegal dues.
The government could have helped in improving and modernising agriculture. But the government refused to recognise any such responsibility
Around the second half of the nineteenth century large-scale machine-based industries in India got established. These industries expanded slowly but continuously. Most of the modern Indian industries were owned or controlled by British capital
The poverty of the people found its culmination in a series of famines which ravaged all parts of India in the second half of the nineteenth century