British Loot of India : A Prespective

Calculating an approximate amount that the United Kingdom would need to pay India for the damages caused during colonial rule is a complex and speculative task, as it involves numerous factors including economic exploitation, loss of life, cultural degradation, and more. However, various estimates and discussions have been made by scholars, historians, and economists over the years. Below are some considerations and approximate figures that have been proposed:

1. Economic Exploitation:

  • Drain of Wealth Theory: The economic historian Dadabhai Naoroji proposed that India lost substantial wealth to Britain through exploitative trade practices, taxes, and other mechanisms during the colonial period. This “drain” has been estimated to amount to hundreds of billions of pounds when adjusted for modern currency values.
  • Recent Estimates: Shashi Tharoor, an Indian politician and author, suggested in 2015 that Britain owes India reparations for colonial rule, estimating an amount of about £45 trillion ($58 trillion USD at that time) when considering the economic exploitation alone.

2. Famine-related Compensation:

  • The major famines during British rule, particularly the Bengal Famine of 1943, resulted in the deaths of millions of Indians. The British government’s policies were seen as contributing to or exacerbating these famines.
  • Compensation for the loss of life and suffering due to these famines, if calculated, could amount to several billions or even trillions of pounds, depending on how loss of life and economic impact are valued.

3. Cultural and Humanitarian Impact:

  • The destruction of India’s traditional industries, such as textiles, and the suppression of local cultures also had long-lasting impacts on Indian society. While these impacts are harder to quantify in monetary terms, they represent a significant part of the reparations discussion.
  • Compensation for these damages would likely involve large sums, potentially in the billions or trillions, considering the long-term effects on Indian society.

4. Land and Resource Exploitation:

  • The British extracted vast amounts of natural resources from India, including minerals, agricultural products, and other valuable commodities. Calculating the value of these resources in today’s terms would add another significant sum to the reparations.
  • Estimates for the value of extracted resources could range in the trillions of pounds.

5. Infrastructure and Development:

  • While the British built some infrastructure in India (railways, ports, etc.), these were primarily for their benefit and often at the expense of Indian labor and lives. The lack of genuine developmental focus for the Indian population during British rule had a long-term negative impact on India’s development.
  • Reparations for delayed development and lost opportunities could also be substantial, possibly in the range of hundreds of billions to trillions of pounds.

Approximate Total Estimate:

  • Conservative Estimates: Some conservative estimates for reparations suggest amounts in the range of £1-3 trillion ($1.3-4 trillion USD), considering only partial factors like economic exploitation and resource extraction.
  • Higher Estimates: Including broader considerations such as cultural impact, loss of life, and comprehensive economic exploitation, estimates like those proposed by Shashi Tharoor could reach as high as £45 trillion ($58 trillion USD) or more.

The exact amount that the United Kingdom might be required to pay India under principles of natural justice would depend on numerous factors, including the specific historical grievances addressed, the method of calculation, and international legal precedents. While speculative, the range of reparations could potentially span from a few trillion pounds to as high as £45 trillion, depending on the comprehensiveness of the claims.

Bengal Famine of 177010 million peopleBengalThis famine occurred under the rule of the East India Company and was partly caused by a drought. However, the Company’s policies, such as heavy taxation and export of rice, worsened the situation. Crime against HumanityKing George IIILord NorthBritish East India Company
Chalisa Famine (1783-1784)11 million peopleNorthern India, including Delhi, Punjab, KashmirThis famine was triggered by a major drought and was exacerbated by the inability of local rulers, under direct British influence, to manage the crisis effectively. Crime againt HumanityKing George IIIWilliam Pitt the YoungerBritish East India Company
Doji Bara Famine (1791-1792)11 million peopleSouthern India, especially Hyderabad StateAlso known as the Skull Famine, this famine was caused by a series of failed monsoons and was worsened by Direct British looting policies. Crime againt HumanityKing George IIIWilliam Pitt the YoungerBritish East India Company
Agra Famine of 1837-1838800,000 peopleNorthern IndiaA drought in the region was the primary cause, but Inhuman Direct British policies, including land revenue systems that placed heavy burdens on farmers, intensified the effects.Queen VictoriaViscount MelbourneThe Earl of Auckland
Orissa Famine of 18661 million peopleOrissa (now Odisha)This famine was caused by crop failures due to drought, but the British administration’s Intentional neglegence and inhuman policiesQueen VictoriaLord John Russell / Earl of DerbySir John Lawrence
Bihar Famine of 1873-1874100000BiharCrop failure due to drought. Notably, this famine saw significant relief efforts, which reduced the death toll, but it was one of the few exceptions in British famine management.Queen VictoriaWilliam Ewart GladstoneLord Northbrook
Great Famine of 1876-18785.5 million peopleSouthern and western India, including Madras and Bombay PresidenciesA severe drought coupled with Direct British economic policies, including the export of food grains, led to massive starvation. Crime againt HumanityQueen VictoriaBenjamin DisraeliLord Lytton
Indian Famine of 1896-18971 to 2 million peopleCentral and northern IndiaA combination of drought, inadequate relief measures, and continued export of food grains during the famine. Inhuman Policies and intentional neglect for loss of lifeQueen VictoriaLord SalisburyLord Elgin
Indian Famine of 1899-19001 to 4.5 million peopleWestern India, including Bombay Presidency and parts of RajputanaAgain, drought and poor administrative response worsened by colonial economic policies.Queen VictoriaLord SalisburyLord Curzon
Bengal Famine of 19432 to 3 million peopleBengalThis famine was largely caused by wartime policies, including the requisitioning of rice for the war effort, disruption of food supplies, and British refusal to import food to alleviate the famine. War Criminal Winston Churchil . Crime Againt HumanityKing George VIWinston ChurchillThe Marquess of Linlithgow

Author

  • Founder and CEO of MedOnGo, Jansankalp Foundation, TECLEVER and few more.

    Human Being, Engineer, Activist and Entrepreneur. Universal Health Coverage and Sustainable Earth are Ultimate Goals.Krishnammagaru is an Electronics and Communications Engineer from College of Engineering , Anantapur. In his own words “Didn’t do what I was supposed to do as Student (Education) . Make a list of what a student must NOT do , tick all . I did all. Met my wife here and she unticked everything and took away my independence just after college”

    Balaji P. Krishnammagaru started his journey as an engineer in the late nineties. Career started with Satyam Computer Services and was almost all the time working with Japanese Customers and especially Fujitstu NTT Docomo. In his words ,Did everything ! Learnt, coded , designed, delivered, managed ,won, lost, taught , fought and made lasting friends….”. He also says, this stint with Japanese customers turned him around in every aspect. Involved in some of the firsts in the world, like the first eCommerce platforms to smartphones to mobile payments and pre-dominantly worked with Japanese OEMs, ODMs and Operators till 2006 and started his first company TECLEVER and now mostly looking at MedOnGo, AxiPHYL and wishes to move full time to Jansankalp eventually.

    The core of Balaji’s belief is to create devices and an ecosystem for devices to solve particular problems in the Late 1990s and early 2000s and now what we call IoT today. He realized Heath IoT and wearable is the way forward for healthcare, and he further narrowed his focus on primary care as it was THE MOST important and MOST neglected field.

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