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​In order to know about the basics of our economy and the present day scenario, it is essential to know the economic past of our nation. Our economic structure is not a recent one, it has its roots in the era of the British rule. The purpose of the British colonization of India was to reduce us to being a feeder economy of the Great Britain's rapidly growing modern industry oriented economy. We have to understand the exploitation that the British had meted out on our economy before we are able to study and assess the present day scenario of our economy.

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