Indian Economy On The Eve Of Independence — Economics STD 12 Commerce — Question
CBSE BoardEnglish MediumSTD 12 CommerceEconomicsIndian Economy On The Eve Of Independence3 Marks
Question
Explain the objectives of Britain for developing the railways in India.
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Answer
The railways were developed in India by the British to promote commercialisation of Indian agriculture. This adversely affected the self-sufficiency of the village economy in India.
Railways were introduced to protect and promote the British economic interests of transforming India into supplier of raw materials and consumer of finished industrial products from Britain.
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