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 opposed to the Act. The Cantonment Acts serve as examples of only some of the tension over prostitution in colonial India. Between 1864 and 1869 many parts of British India, including the British military cantonments, were subjected to the Contagious Disease Acts. These Acts originated in Great Britain itself and were then introduced in British India and other British possessions. The Indian Contagious Disease Acts were similar in content, but wider in scope than the domestic Contagious Disease Acts. These Acts were meant as a response to the growing number of cases of venereal disease amongst the British military. Historical