British Rule and the Indian Economy-Agenda for Fresh Searches

Agenda for Fresh Searches Arun Banerji Some recent works on the Indian economy in the nineteenth century have not shown enough regard to certain important aspects of India's external economic relations in the last century, quite apart from not covering some essential components of the balance of payments like the capital account and its composition and trends. The serious and pervasive negative effects of one of these components on the performance of (he economy is not perceived and, therefore, not.analysed. Within its brief confines, this paper is an attempt to rectify some of these deficiences.