Monetary Foundations of the Raj

edited by Samjit Garg

ISBN 10: 9388540174 / ISBN 13: 9789388540179

Published by Manohar Publishers, 2019

About this Item

In the administration of colonial finances, the monetary policy of the Imperial power relating to their dependencies had tremendous impact on the colonial economy. The British East India Company, in 1835 was able to introduce a universal currency in all its Indian possessions which proved to be a landmark in the economic consolidation of the British rule in India. This volume presents an account of the monetary policies adopted by the British East India Company by which it was successful in secur­ing full control over money supply the life blood of a monetized economy. This, in turn, affected almost every aspect of India's colonial economy and played a crucial role in laying the foundation for its colonial subjugation. In this unique anthology, published studies along with unpublished archival records have been integrated into an overall theme. Together with a comprehensive bibliography-cum-list for further readings this volume is aimed to serve as a veritable reference tool.

Seller Inventory # 130970

Bibliographic Details

• Title: Monetary Foundations of the Raj
• Publisher: Manohar Publishers
• Publication Date: 2019
• Language: English
• ISBN 10: 9388540174
• ISBN 13: 9789388540179
• Binding: Hardcover
• Edition: 1st Edition
• Condition: New

About this title

Synopsis

In the administration of colonial finances, the monetary policy of the Imperial power relating to their dependencies has tremendous impact on the colonial economy. The British East India Company, therefore, adopted a policy of gradually subsuming the local currencies of India and replacing them with a uniform imperial currency. After passing a series of regulations, in 1835 the Company was able to introduce a universal currency in all its Indian possessions. This proved to be a landmark in the economic consolidation of the British rule in India.

In this unique anthology published studies and unpublished archival records have been integrated into an overall theme. Together with a comprehensive bibliography-cum-list for further readings this volume is aimed to serve as a veritable reference tool.