Private Investment in India 1900–1939

by Amiya Kumar Bagchi

• ISBN13: 9780521052757
• ISBN10: 0521052750
• Edition: 1st
• Format: Paperback
• Copyright: 2007-12-03
• Publisher: Cambridge University Press

Summary

This book deals with the history of private investment in India and its determinants during the period 1900-1939. It develops a simple theoretical framework in its first part and tries to isolate the influence on private investment in India of factor supplies, as against demand conditions. In the second part, all the major manufacturing industries of the period are studied in detail. Most of the analytical apparatus used is developed from orthodox economic theory, but a heavy emphasis is placed on Keynesian ideas. Finally, the author presents a case study in the economic relations between an imperial power (Britain) and a dependent colony (India). He also examines the social relations between the ruling race and the Indians, and provides one of the few detailed accounts of the mechanics of imperialism.

Table of Contents

List of tables

Preface

Abbreviations

General - Theoretical Framework

Introduction

The economic policy of the Government of India

The record of aggregate private industrial investment in India, 1900-1939

Land and the supply of raw materials

Appendix to chapter 4

The supply of unskilled labour

The supply of capital and entrepreneurship

Studies of Major Industries

The development of the cotton-mill industry

Private investment in the jute industry

The growth of the iron and steel industry

The growth of private engineering firms

The cement industry

The growth of the sugar industry

The development of the Indian paper industry

British imperial policy and the spread of modern industry in India

Bibliography

Index

Table of Contents provided by Publisher. All Rights Reserved.