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|Number of Pages||516 Pages|
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In this unique anthology, published studies along with unpublished archival records have been integrated into an overall theme.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