Commercialized Policies

Which Charter Act gave a boost to the British manufacturers and India became a source of raw materials?

-- The Charter act of 1813

This new phase of British capitalist exploitation from 1813 became more inhuman after the end of the

-- Monopoly of East India Company in the trade with India

The economic philosophy of free trade championed by Adam Smith centred during this stage. However, this was one-way free trade i.e. free entry of British goods in India but burdensome tariff rates against

-- Indian exports to Britain

The laying of Railways from the 1850s opened the interior ....