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RSS FeedsBritainīs systematic plundering of India
(WorldNews Health)

 
 

16 december 2018 04:34:34

 
Britainīs systematic plundering of India
(WorldNews Health)
 


The British ruled India for 190 years and during that long period of colonisation drained India of most of its wealth. When India finally attained freedom, its financial situation was dire. The research of Utsa Patnaik, professor emerita at the Centre for Economic Studies and Planning (CESP), JNU, offers insight into the wealth drain. According to Patnaik, between 1765 and 1938, Britain siphoned off wealth to the tune of 9.184 trillion pounds or $45 trillion, several times the size of its GDP today. India was...


 
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