Indian Economy on the eve of independence Notes Class 12 Free PDF
We can say that Britishers made India a colonial (British Rule over India), Semi Feudal (Zamindars), stagnant (2% GDP & 0.5 per capita growth), backward (low productivity & high literacy), depleted (rapid depreciation of physical assets) and an amputated (partition) economy. However, it laid foundation for modern education system, industries, transportation, communication system and administrative set-up.
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