1st Edition

Concise History of Indian Economy Perspectives on Economy and International Relations,1600s to 2020s

By Rohit Majumdar Copyright 2024
    252 Pages 12 B/W Illustrations
    by Routledge India

    252 Pages 12 B/W Illustrations
    by Routledge India

    252 Pages 12 B/W Illustrations
    by Routledge India

    This book presents a concise economic history of India from 1600 to the mobile economy of the twenty-first century. It examines political events, social history, and economic developments across the world through the years to showcase how India has navigated its economic past, present, and future, and shaped events that for years controlled the Indian economy.

    This volume covers a range of important themes, which include:

    • Medieval fiscal systems, and the European surge in India
    • The impact of the British Industrial Revolution on India; English interventionism and policies; the imperialistic economy and its impact
    • Indian economy and nationalist movement in the nineteenth and early-twentieth century; the Great Depression and its global consequences
    • Gandhiism and ‘mass nationalism’; Independence and Partition; the impact of the World Wars; the inter-war economy; the rise of the dollar, and other key global trends
    • The Cold War and India
    • Constitutional remedies, nation-building and industrial policies; food security, the Green Revolution, and the power politics of 1970s
    • Liberalization, privatization, and globalization in the 1990s; and
    • The economy of war and peace, India–China relations, and current trends in political economy

    The book offers a lucid and insightful narrative of how the economy unfolded in India. It will interest readers of Indian history, economic history, and South Asian history and other general readers.

    PART I: European Surge in India

    1. The Boats of Fortune: Embarking Territorialism

    2. The Beginning of the Economic Invasion: Vision towards India

    3. A Masterstroke Narrative and Plassey Game: Consolidating Absolute Rule


    PART II: Aggressive Anglicization

    4. Economic Interventionism: Aggressive Policies and Fall of E.E.I.C.

    5. The Hard Times of 1850s: The Consequence of Suffocation and the Muzzles of 1857


    PART III: Ambition of Industrialization against Market Fluctuations

    6. The Economy and Industry: Parallel Forces in the Market till 1920


    PART IV: First Breaking of Nations

    7. The Inter-War Economy: Global Eco-Political Trends – 1920 to 1938


    PART V: Bloodbath in Wall Street and Consequences

    8. The Long-Week of October 1929: The Great Depression and its Global Consequences

    9. British Opportunism and Fiscal Autonomy: Cause of Depression and Wealth Drain in India.


    PART VI: World War II and India’s Independence Blueprint

    10. World War II Perspectives: Narratives, Shifts, New World Powers, Towards the Cold War


    PART VII: Industry and Agriculture Tug-of-War

    11. Economic Tumours in Market Discipline: Nehru, Industrial Policies, and War Phases

    12. Food Security and Green Revolution: Borlaug, Swaminathan, Shastri Architecture


    PART VIII: Reforming towards First Globalization
    The Automobile Revolution: The Maruti Narrative


    PART IX: US-Soviet Relations and its Global Impact – 1956-1991: Historical and Cultural Perspectives

    14. Khrushchev Thaw, Escalating Tensions, Blunders, and Soviet Collapse

    PART X: Hammer Stroke of Liberalism

    15. No More USSR: The Economy of War and Realpolitik

    16. Manmohan Singh and Reformation: Liberalization, Privatization, and Globalization


    PART XI: Conflicts and International Relations

    17. Han and Hindu Nationalism Come Face to Face


    Rohit Majumdar was an author, historian, philosopher, and linguist. He was a retired professor and trained over thirty thousand students and research fellows in his lifetime, developing their critical thinking and academic writing skills. He authored Ancient Indian History and History of Europe and six other titles. Rohit received a Research Degree from the University of Cambridge, a PG Diploma from the University of Birmingham, and an MA from Calcutta University. He trained professionally in Fine Arts, Fine Art Photography and Aesthetics, and Indian Classical Vocal Studies. He was associated with the National Geographic and The Royal Photographic Society since he was a student.