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Wednesday, February 21, 2024

The economic strangulation of a Nation: British exploitation and Bharat’s descent into poverty

“The economic strangulation of a Nation: British exploitation and Bharat’s descent into poverty”. Hindudvesha, February 2, 2024:

“For centuries, a narrative wrongly implicated India’s Hindu majority as the cause of its economic struggles. However, at the start of the twenty-first century, a stark truth emerged, revealing India and China as once the wealthiest nations, now victims of centuries-long exploitation by European powers, particularly the British.

Guided by Professor Angus Madison[1], a research team uncovered the history of global wealth, challenging the misconception that India’s economic challenges were rooted in its Hindu culture. Astonishingly, India boasted a remarkable 34% share of the world’s wealth for a millennium, only to see it decline to less than 4% by the time the British were eventually ousted from the country in 1947.

Within a mere century of British rule, the Indian agriculture sector underwent a radical transformation from being a major grain-producing economy to a cash-crop industry with a focus on poppy and indigo farming. Famine struck, and a third of the population perished as the British multiplied their revenues by exploiting desperate farmers who sold everything just to survive….”

Read the full article at Hindudvesha.org

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