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Yes, they helped in the economic progress of India by building roads, bridges, hospital, school etc.

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When britishers came to India?

English businessmen first came to India in 1612 as the English East India Company in pursuit of the spice trade. Until the early 1700s, they competed with other European trading companies. With the decline of the Mughal Empire, English influence increased. Then, in 1757, as part of the world-wide Seven Years War between the English and French, the French East India Company with their Bengali allies attacked the English East India Company in West Bengal about 150 km north of Calcutta. The British came to India to look for spices. and gold and silver but when they saw that Indians were fighting among themselves they eventually took control over India. The Indians then saw that the Britishers came to India for wealth but they were taking control of their land. The Britishers stole Indian things and became very rich. They asked Indians to give their land to them but Indians didn't agree with that and tried their best to get independent and free. People like mahatma Gandhi, Bhagat Singh, Rajguru, Sukhdev, Jawarharlal Nehru, Subhash Chandra Bose comforted the people by giving them hope that one day they will get independent. They gave their lives to help India get free and independent. The Britishers were expecting Indians to change their religion and become Christians. The Indians started wearing British clothes, shoes and tried to follow British fashion and technology but Gandhiji told people to burn British clothes and start follow our religion and culture. the Britishers colonized India for almost 200 years. but finally India got freedom on 15th august 1947. just after one year Dr. Ambedkar finished writing the constitution and laws of India on 26th January which is celebrated as republic day. The Indians struggled a lot and salute to those people who died and helped India to get independent


When was reserve bank of India established?

Reserve Bank of India was established on 1st April 1935 through the Reserve Bank of India Act, 1934, when the British Ruled India. It is the central bank of India that governs the operations of all banks in the country. It was created to help reduce the economic troubles in India after the first world war.


How did British rule help and harm India?

British rule in India brought both benefits and drawbacks. On one hand, it introduced infrastructure development, such as railways and telecommunication, and promoted education and legal reforms. However, it also led to economic exploitation, widespread poverty, and famines exacerbated by colonial policies. The cultural imposition and political repression further harmed India's social fabric and autonomy.


Why imitative entrepreneur are required for India?

Imitative entrepreneurs are crucial for India as they adapt and replicate successful business models to suit local markets, driving innovation and accessibility. They help bridge gaps in various sectors by introducing proven solutions, thus enhancing competition and quality of services. Furthermore, their efforts can stimulate job creation and economic growth, especially in underserved areas, contributing to overall socio-economic development. By building on existing ideas, imitative entrepreneurs also reduce risks associated with starting new ventures.


Why did Great Britain want to imperialize India?

Economic reasons and those reasons only find out more when you type in did great Britain help or hurt India on GoogleBritain wanted more raw materials and they knew India had vast amounts. Britain wanted to trade cotton for spices from Indonesia but Britain didnt have cotton. So they took over India and got their cotton and raw materials for their industries.With British merchants in control of India's foreign trade and with the financing of this trade centered in London, a three-way exchange developed: the tea Britain bought in China was paid for by India's exports of opium and cotton to China. And because of a rapidly increasing demand for tea in England, British merchants actively fostered the profitable exports of opium and cotton from India.From Michael Parenti's book "Againts empire" we find he says: "The massive poverty we associate with India was not that country'soriginal historical condition. British imperialism did two things:first, it ended India's development, then it forcibly underdevelopedthat country."

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