Various writings on the economic history of India

MHI-03: HISTORIOGRAPHY

Course Code: MHI-03

Assignment Code: MHI-03/AST/TMA/2016-17

Total Marks: 100

Q. 9. Analyze the various writings on the economic history of India.

Ans. A number of historical works have been written on the pre-colonial economy of India following the critique against the impact of the colonial rule on the Indian economy raised several questions on the state of the country’s economy before the British came. W.H. Moreland, who was the first to venture into a general economic history of pre-colonial India, estimated that the national income at the time of Todar Mal’s survey during Akbar’s reign was not higher than what it was at the beginning of the 20th century.

He said there was considerable expansion of foreign trade that the Dutch and the East India Company brought in 17th century, but a parasitic agrarian despotism had driven the Indian economy to a death end. A Soviet author, A.I. Chicherov, projected that Mughal India was undergoing an endogenous capitalist development but was cut off by the ascendancy of foreign monopoly of capital under the East Indian Company.

(For the complete answer and also the full set of answers of 1st and 2nd year MAH assignments  mail me : ignousolvedmahassignmentz@gmail.com, you may also call or Whatsapp me to get instant reply: +919947147185)