First Published in 2000. Routledge is an imprint of Taylor & Francis, an informa company.

This volume in the People's History of India series gives a general account of Indian economy in the first century of British rule (1757-1857). It describes the changes in Indian economy brought about by the pressure for tribute, the British land settlements, and the triumph of free trade. In order to set these changes in a proper perspective, it begins by furnishing a survey of pre-colonial economic conditions. A notable feature of the book is its reference to how aspects of Indian economy were seen and interpreted by contemporary observers. This is accomplished partly by a rich collection of extracts from the sources. There are also special notes on current interpretations of eighteenth-century history, the nature of tribute or drain of wealth from India to England, and the scope and problems of historical demography.

A New Economic History of Colonial India provides a new perspective on Indian economic history. Using economic theory and quantitative methods, it shows how the discipline is being redefined and how new scholarship on India is beginning to embrace and make use of concepts from the larger field of global economic history and economics. The book discusses the impact of property rights, the standard of living, the labour market and the aftermath of the Partition. It also addresses how education and work changed, and provides a rethinking of traditional topics including de-industrialization, industrialization, railways, balance of payments, and the East India Company. Written in an accessible way, the contributors – all leading experts in their fields – firmly place Indian history in the context of world history. An up-to-date critical survey and novel resource on Indian Economic History, this book will be useful for undergraduate and postgraduate courses on Economic History, Indian and South Asian Studies, Economics and Comparative and Global History.

Much has been written on the Indian economy but this is the first major attempt to present India's economic history as a continuous process, and to place the development of agriculture, industry and currency in a political and historical context.

Essays by leading historians from around the world combine to create a timely and authoritative assessment of a number of the major themes in the history of modern South Asia.