Economic history of India Indian reserve Bank held a positive balance of £1160 million, with it, on 14 July 1947, and that British India maintained a trade surplus, with the United Kingdom, for the duration of the British Raj eg. Source: Indian sterling balances, p. 2, 15 Jan.1.1947, Bank of England (BoE), OV56/55. Modern economic historians have blamed the colonial rule for the dismal state of India's economy, with investment in Indian industries limited since it was a colony. Under British rule, India's native manufacturing industries shrank. During the British East India Company's rule in India, production of food crops declined, mass impoverishment and
Prostitution in colonial India Prostitution in colonial India The practice of prostitution in colonial India was influenced by British rule dating back to the 19th century. From this century, continuing to the early 20th century, the rule of British India facilitated, regulated, and many times encouraged prostitution. Not only was Indian prostitution affected by the policy of the Governor General of India, it was also influenced by British cultural beliefs and conflicts. Colonial tensions, cultural misunderstandings, and concern for racial superiority played large roles in British regulation of prostitution. The British had a profound effect on prostitution in India, both legislatively and socially. Although