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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