Britishers deliberately kept India away from the fruits of Industrial revolution and tried to keep India as agrarian economy so that they could obtain cheap raw materials for their industries and sell their products in India. Thus Britain converted India into agricultural colony industry of Britain.
The British artisans who were unemployed due to industrialization were absorbed by the industries, whereas in India handicraft industry was destroyed but the modern industry did not developed.
R.C. Dutta calls the replacement of Indian goods as "most sorrowful chapter of British-India history".
The disruption of balance between agriculture and industry reduced the national income and millions of workers became unemployed and they shifted back to agriculture leading to ruralization of India.
As the agriculture had become non profitable, the farmers were unable to help the artisans. With the coming of foreign goods, demands for domestic goods declined. During the British rule, rural industry was gradually destroyed while urban industry were abruptly and completely destroyed.
The victory at the battle of Plassey provided political power to the Britishers and they started imposing conditions on peasants and artisans for promoting their trade and started forcing them for buying imported goods.
By 1720, laws were made regarding Dyed Clothes and Indian textiles. Excluding Holland/Netherland, all European countries prohibited the import of Indian textile. The Indian industry reached their lowest after the industrial revolution in England. The East India Company destroyed the princely states, the biggest customer of Indian industry.
By 1813, the industrial class in England had become politically powerful and the monopoly of East India Company was ended by the Chartered Act of 1813 and door was opened for every citizen of England to trade with India.
The British artisans who were unemployed due to industrialization were absorbed by the industries, whereas in India handicraft industry was destroyed but the modern industry did not developed.
R.C. Dutta calls the replacement of Indian goods as "most sorrowful chapter of British-India history".
The disruption of balance between agriculture and industry reduced the national income and millions of workers became unemployed and they shifted back to agriculture leading to ruralization of India.
As the agriculture had become non profitable, the farmers were unable to help the artisans. With the coming of foreign goods, demands for domestic goods declined. During the British rule, rural industry was gradually destroyed while urban industry were abruptly and completely destroyed.
The victory at the battle of Plassey provided political power to the Britishers and they started imposing conditions on peasants and artisans for promoting their trade and started forcing them for buying imported goods.
By 1720, laws were made regarding Dyed Clothes and Indian textiles. Excluding Holland/Netherland, all European countries prohibited the import of Indian textile. The Indian industry reached their lowest after the industrial revolution in England. The East India Company destroyed the princely states, the biggest customer of Indian industry.
By 1813, the industrial class in England had become politically powerful and the monopoly of East India Company was ended by the Chartered Act of 1813 and door was opened for every citizen of England to trade with India.
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