Abhishek

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High land tax by itself does not obstruct agricultural development. Japan, under the reign of Emperor Meiji, had much higher taxes than India, but the mobilized resources returned to agricultural colleges and research stations, and in bettering agricultural techniques. This did not happen in India because of the naturally limited and negative role the British saw for themselves in the ‘development’ of India. Hence, under colonialism, there was a severe regression in the institutional framework of Indian agriculture.
RESET: Regaining India’s Economic Legacy
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