Historical Factors

The historical legacy of colonialism has had a lasting impact on India's socio-economic landscape. During British rule, India’s economic resources were exploited for the benefit of the colonial powers, leading to the deindustrialization of the Indian economy. Traditional industries were undermined, and the economic infrastructure was geared towards serving colonial interests rather than fostering local development. Post-independence, India faced the daunting task of rebuilding its economy and infrastructure, which was further complicated by the partition and the subsequent displacement of millions.