There is no doubt that our grievances against the British Empire had a sound basis. As the painstaking statistical work of the Cambridge historian Angus Maddison has shown, India's share of world income collapsed from 22.6 per cent in 1700, almost equal to Europe's share of 23.3 per cent at that time, to as low as 3.8 per cent in 1952. Indeed, at the beginning of the 20th Century, "the brightest jewel in the British Crown" was the poorest country in the world in terms of per capita income.
Posted by Vinoth Kumar K.
"It was stated in evidence (in 1813) that the cotton and silk goods of India, up to this period, could be sold for a profit in the British market at a price from 50 to 60 per cent. lower than those fabricated in England. It consequently became necessary to protect the latter by duties of 70 or 80 per cent. on their value, or by positive prohibition. Had this not been the case, had not such prohibitory duties and decrees existed, the mills of Paisley and of Manchester would have been stopped i...
Posted by VASUDEVA REDDY. Posted In : quotes on india
Posted by VASUDEVA REDDY.
We owe a lot to the Indians, who taught us how to count,
without which no worthwhile scientific discovery could have been made.
When I read the Bhagavad-Gita and
reflect about how God created this universe everything else seems so
~~~ Albert Einstein