- The British developed railways in India primarily to transport raw materials such as cotton, indigo, and minerals to ports for shipment to Britain.
- This transportation network was designed to extract India's resources efficiently for the benefit of Britain, rather than to foster economic development within India itself.
- While it enabled faster movement of goods, it also facilitated the extraction of wealth, with limited focus on benefiting the Indian economy or improving local infrastructure.
Conclusion: The development of railways under British rule primarily served the interests of colonial exploitation by facilitating the extraction of resources rather than benefiting India's economic development.
Year | Unemployment Rate (in percent) | Number of unemployed (in millions) | Labour Force Participation Rate (in percent) |
2010 | 15 | 30 | 70 |
2020 | 20 | 50 | 80 |