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De Industrialisation

De Industrialisation

Section titled “De Industrialisation”

2020-04-27 15:04:22

1.1 Introduction

Section titled “1.1 Introduction”
  • destruction of traditional Indian industries was earliest consequence of colonialism.
  • British gradually removed all of their competitors French, Dutch which put the artisans in a bad bargaining position with only one entity to sell to.
  • Monopoly in the market, exploited the artisans to sell at a lower price so that their profit margins would be high
  • This left them with little money to invest in newer technology

1.2 Effects of British Industrialisation on Indian Industry 1

Section titled “1.2 Effects of British Industrialisation on Indian Industry 1”
  • Industrial revolution in Europe wiped out the market for Indian artisans due to mass production of goods.
  • also led the home market be invaded by cheap mass produced goods.
  • In Gangetic Bihar ratio of industrial population to total pop dec from 18.6 in 1809 to 8.5% in 1901
  • Industrial pop dec from 62.3% to 15.1 %
  • Real income per worker in industry inc b/w 1900 - 1947

Tirthankar Roy on real income increase

  • achieved due to tech specialisation and industrial reorganisation like substitution of family labour w/ wage labour,

  • inc commercialisation and inc labour productivity in

  • Agri 80%, Mfd 10% and services 10-15%

  • Discriminatory intervention

  • IN money market was dominated by EU banking house

  • Investment only in railway, jute, tea plantation and mining

  • Chamber of commerce, Managing agency houses influenced gov policy - control 75% industrial capital

  • RC Dutt and MM Malviya showed that there was a significant increase in the value of Manchester cloth from 1860-1900.

  • Recent economic historians like Sarda Raju for Madras, NK Sinha for Bengal, Bagchi for Bihar have given considerable evidence of de-industrialisation

  • Deniel Thorner has tried to show that there was no de-industrialisation from 1881-1931. A/C to him male work force increased and different industries should be lumped together so that now the decline does not look very high.

1.2.1 Criticism of No Deindustrialisation Theory :

Section titled “1.2.1 Criticism of No Deindustrialisation Theory :”
  • damage had already been done before the census
  • completely dismissed the workforce of women as being erroneous which is not true as women are significant contributors to Indian agriculture
  • Certain imperialist openly admitted the need and desire for de-industrialisation of India viz John Maynard Keynes who wanted India to become prosperous by supplying agricultural good to the industrialised west

Footnotes

Section titled “Footnotes”

  1. From Sekhar Bandyopadhyay ↩