State the various forms of colonial exploitation of the Indian economy during the British Raj.

Various forms of colonial exploitation of the Indian economy during the British Raj:

(i) Colonial exploitation of agriculture sector : Agriculture was exploited through Zamindari system of land revenue. Zamindars were declared as owners of soil. They were to pay a fixed sum to the government hy way of land-revenue but were free to extract as much as they wished from tillers of the soil.

(ii) Colonial exploitation of industrial sector: Handicrafts dominated in Indian economy before British rule. They were systematically destroyed by allowing tariff-free import of machine made goods from Britain.

(iii) Colonial exploitation of international trade : India's international trade was exploited through discriminatory tariff policy. Duty free export of Indian raw material and duty free import of British goods were encouraged for the benefit of British rule.