IgnouCorner

Critically examine Morris D. Morris’ argument that there was ‘not much direct evidence of the decline of India’s traditional industries.’

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Introduction Morris D. Morris, an American economic historian, presented a controversial argument that challenged the nationalist view of India’s industrial decline during British colonial rule. According to Morris, there was “not much direct evidence of the decline of India’s traditional industries.” This statement sparked extensive debate among historians and economists. In this post, we critically […]

Critically examine Morris D. Morris’ argument that there was ‘not much direct evidence of the decline of India’s traditional industries.’ Read More »

Impact of Indian Commercialisation

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Introduction The commercialisation of agriculture and economic life in colonial India was a significant transformation that reshaped traditional structures. Driven largely by British colonial policies, this shift had deep impacts on rural society, agrarian relations, and economic stability. What is Commercialisation? Commercialisation refers to the process by which agricultural produce and other goods were increasingly

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Analyze the nature of Indian economic growth in the first three five year plans.

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Introduction After gaining independence in 1947, India adopted a planned economic development strategy aimed at achieving self-reliance, reducing poverty, and promoting balanced growth. The government launched a series of Five Year Plans, inspired by the Soviet model, to guide resource allocation and economic priorities. The first three Five Year Plans (1951–66) were foundational in shaping

Analyze the nature of Indian economic growth in the first three five year plans. Read More »

Critically examine women’s employability in colonial India.

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Introduction The role and employability of women in colonial India was shaped by a complex interplay of traditional norms, colonial economic policies, and emerging socio-political movements. While some opportunities for employment emerged in sectors like textiles, domestic work, and teaching, the overall status of women’s employment remained marginal and highly gendered. This post critically examines

Critically examine women’s employability in colonial India. Read More »

What impact did bank nationalization have on the development of credit market, savings and investments?

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Introduction Bank nationalization in India was a landmark event in the economic history of the country. Initiated in two phases—first in 1969 and later in 1980—it aimed to bring the banking sector under state control to serve broader social and economic goals. Prior to nationalization, the banking system was dominated by private entities that catered

What impact did bank nationalization have on the development of credit market, savings and investments? Read More »

Early Census

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Introduction The early census operations in India, initiated under British colonial rule, were significant for administrative and political purposes. The first synchronous census was conducted in 1881, although several regional attempts were made prior to that. The early census was not just a demographic exercise but also a tool for colonial governance and control. Pre-1881

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Economic Reforms in the 1990s

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Introduction The economic reforms introduced in India during the 1990s marked a turning point in the country’s development trajectory. Triggered by a severe balance of payments crisis, these reforms aimed at liberalizing the economy, reducing state control, and integrating with the global market. Often referred to as the LPG reforms—Liberalization, Privatization, and Globalization—they fundamentally altered

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Bird Heiglers & Co.

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Introduction Bird Heiglers & Co. was one of the prominent European commercial enterprises operating in colonial India during the 19th and early 20th centuries. It played a vital role in the trade and industrial sectors, particularly in mining and jute, and serves as a classic example of how British capital and enterprise dominated Indian industries

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Globalisation

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Introduction Globalisation refers to the increasing interconnectedness and interdependence of economies, cultures, and populations across the world through the exchange of goods, services, information, technology, and people. In the Indian context, globalisation gained momentum especially after the economic reforms of 1991, which opened the country to global markets and competition. Phases of Globalisation in India

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