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 cantonments. One 1917 committee report by the Government of India claimed that homosexuality would invariably take hold if men were denied access to women. This apparent fear of homosexuality had colonial roots. Many European colonialists viewed homosexuality as non-British perverse behaviour. They often believed that same-sex practices were “natural” to other peoples, such as Indians, Arabs, and Africans. The British saw another further need for prostitution, especially amongst the military. It was seen as necessary to stave off boredom among soldiers and to reinforce imperial dominance through sexual control of Indian women. The British preserved and regulated prostitution through mandatory