Growth of Economic Nationalism in India

Economic Nationalism in India emerged during the late 19th century as part of the larger nationalist response to colonial economic exploitation. It signified a conscious intellectual and political movement among Indian leaders and thinkers to expose the economic foundations of British imperialism and to advocate for Indian economic self-reliance. It laid the ideological foundation of political nationalism, shaping the struggle for Swaraj (self-rule) through Swadeshi, industrialisation, and fiscal reforms.

Background

Key Aspect

Description

Drain of Wealth

Continuous export of Indian surplus to Britain without equivalent return (“Drain Theory”).

Deindustrialisation

Collapse of Indian handloom and artisan industries due to import of British mill goods.

Land Revenue Policies

Zamindari ....

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Indian History