By, Srishti Menon, Editor-in-Chief Introduction Colonialism has a complex and far-reaching impact on the economic, political, and social development of its colonies. One of the most prominent voices to advocate for an understanding of the economic consequences of colonialism was Dadabhai Naoroji, an Indian intellectual and political leader. Naoroji's Drain Theory posited that British colonial [...]
Heau Mishr, deputy editor The strength of a nation’s economy depends upon the system of taxation which if planned correctly, keeps revenue consistent, stimulates industrial activity and manages growth in our economy. Through efficient measures, the tax system can lead to revenue mobilization in response to growth and result in revenue growth that is slightly [...]
By Shreya Srikoti, Deputy Editor The sunsets over the rolling hills of Assam hold more than just natural beauty; they bear witness to a chapter of history where a simple leaf transformed into a powerful tool of imperial power and economic dominance. The British colonial administration's strategic cultivation of tea in India was no mere [...]
by Surabhi Chhikara, Deputy Editor At the stroke of the midnight hour when the whole world slept, India had just woke up from the long nightmare of colonial subjugation on 15th August 1947. With this nightmare over, began another- the Partition. The division of a nation into the two- India and Pakistan- not only meant [...]
By M Tharuni, Deputy Editor Source Although epidemiology may consider COVID-19 to be a "novel" coronavirus, historians find many aspects of the disease's behaviour and the economic effects it has sparked, to be clearly devoid of novelty. The events of early 2020 have so evidently reminded observers of the country’s long history of pandemics like [...]
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