India -- Economic conditions -- 1918-1947; India -- Politics and government -- 1919-1947; India -- Social conditions
As a result of the direct British rule over India the public debt of
the country rose from £51,000,000 in 1857 to £200,000,000 in 1901.
The agricultural class of India, moreover, the backbone of national
prosperity in a country whose main occupation is agriculture, had
become so poor that in one district in 1900 85% of the land revenue
was directly paid to the Government officials by money-lenders, the
landowners being wholly unable to meet their obligations. It was
estimated by the leading medical journal of the world (_The Lancet_,
June, 1901) that during the last decimum of the nineteenth century
nineteen millions of British Indian subjects had died of starvation,
and one million from plague. And yet at the beginning of the twentieth
century according to the financial arrangements of the country half
of its total revenue was sent out of India to England each year. This
included the upkeep of the India office in London, pensions to retired
officials residing in England, and interest on public debts.[44]
With these facts in mind the reader will not wonder that India is
poor. Place any other country in the world under the same conditions.
Let her government be carried on by a foreign power with the complete
exclusion of the sons of the soil from positions of responsibility;
let her fiscal policy be determined by the parliament of a rival
commercial nation without a single representative of the governed
nation sitting in its councils; let its industry be crippled or
destroyed by a malicious use of political power by its foreign rulers;
let its agriculture be subjected to a heavy and uncertain land tax; let
half its total revenue be carried away annually to a foreign land; and
you will not be surprised if the most prosperous nation in the world
sinks in the course of a few years to the lowest depths of poverty and
degradation.[45]
Public-domain text, read in full here on John Shaqi.
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