Economic impact of war on India Flashcards
Effects of war
Taxation, shortages of fuel, inflation, worry for those fighting
What did the war disrupt
Normal trading, exchange rate problems, imposed demands of the military
How much did food grains rise by
93%
How much did imported goods rise by
190%
How much did Indian made goods rise by?
60%
What were the government frustrated by
Profiteers and speculators
What caused grain shortages and famine
Failure of monsoon rains 1918-19
What did the war benefit
Manufacturers of cotton, iron, steel, sugar, engineering, chemicals
How much did dividends from cloth mills jump to
6% (1914) to over 30% (1917)
What did the viceroy’s office receive in 1918
Reports of food riots, petty violence, and rioting, Raj crumbling
Why was it important that these outbreaks did not coalesce
Troops would withdraw, ISC mean would make domestic situation tricky
What happened in March 1915
No more British battalions left in India