The Urge to Establish Science-Based Swadeshi Industries: Struggle and Contribution
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Title |
The Urge to Establish Science-Based Swadeshi Industries: Struggle and Contribution
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Creator |
DABRAL, HIMANKI
SINGH, RAMESH KUMAR SINGH, ANU |
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Subject |
History
colonial rule swadeshi industries economic growth |
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Description |
44-62
India had a stable economy during Pre-colonial period accredited to self-sufficient agriculture, prospering trade, and rich traditional handicraft. Whereas during the colonial period India witnessed a massive change in its economic structure. The economic policies of British rule transformed India into a supplier of raw materials and consumer of finished industrial products manufactured in Britain. This strategy in turn leads tan o enormous loss of income and increased dependency on Britain rather than the up-gradation of systematic modernization of the domestic economy. With the growing urge to free India, the thought of economic independence was also instigated by 1890, which gained huge strength with the launch of the Swadeshi Movement in 1905 to boycott British goods and manufacture indigenous goods. Among various swadeshi industries, science-based industries like pharmaceuticals and chemicals were also nudged by the swadeshi movement. This was the time when the foundation of several Indian ventures like Bengal chemical, Margo soap, and pharmaceuticals was laid down that massively pushed the Indian economy and provided employment to Indians, moreover, this self-dependency accelerated the Independence Movement of India. Remarkable growth was observed in these swadeshi chemical and pharmaceutical industries Post-Independence due to the production of diverse product ranges and reformed government schemes, guidelines, and policies. Most of these industries still have great contributions to the present-day Indian economy. The present study aims to elaborate on the history of the establishment of swadeshi industries in the colonial time, the advancement achieved after independence, and their contribution to the present Indian economy. |
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Date |
2024-09-06T05:12:54Z
2024-09-06T05:12:54Z 2024-09 |
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Type |
Article
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Identifier |
2278-2796 (Online); 2278-2788 (Print)
http://nopr.niscpr.res.in/handle/123456789/64468 https://doi.org/10.56042/jst.v12i2.8784 |
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Language |
en
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Publisher |
NIScPR-CSIR,India
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Source |
JST Vol.12(02) [2024]
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