Question
'Continued economic exploitation of India during the British Raj.' - Explain.

Answer

  • East India Company and Britishers rule India for two century.
  • They used political and economic power to destroy India.
  • When India became independent in $1947$ the economic condition of the nation was severely poor.
  • The administrative expenditure to rule India during British raj is known as home charges.
  • Home charges include salary of Biritshers, pensions, allowance, defense expenditure, interest payment etc.
  • E.g. in $1924-25$ India had to pay $300$ lacs pond as home charges which increased to $1350$ lacs pound in $1945.$

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