The Sunday Guardian

How India can overtake China in economic growth

- SUBRAMANIA­N SWAMY NEW DELHI

least for more than 750 years the Indian economy was larger and growing faster than China’s economy; and it was ahead of China until 1750 AD.

China began to close the gap with India after the Islamic invasion of India began, which this writer would place as from 1192 AD, when Maharana Prithviraj Chauhan was betrayed by his father-in-law Raja Jaichand, and thus lost to Mohammed Ghori who got crowned as Badshah in 1192 in Delhi.

There was a continuing loot of India thereafter: first by the sporadic invaders who came after Ghori; then after 1526 by the Mughals who establishe­d a kingdom that lasted about three centuries in various parts of India. This enabled China (where was establishe­d the Ch’ing dynasty lasting till 1911), which was relatively free of invasions, to get ahead of India in terms of the size of the economy and in its growth of GDP.

The looting of India continued after the defeat of the Peshwa Baji Rao II in 1815 by the English owned East India Company. India was thereafter more scientific­ally exploited by the British. In 1857, after the British compradors managed to defeat us in what Veer Savarkar called our First War of Independen­ce against the British, India was formally declared a British “colony” and the then Queen of Britain was declared as the Empress of India. British India was looted methodical­ly post the 1857 imposed Zamindari system in agricultur­e; and India’s industrial­ization was denied by blocking patriots like Jamshedjee Tata and Tagore from setting up steel plants and railway systems: the two innovation­s that had ushered in the Industrial Revolution in Europe. India also was bled of resources which were taken to Brit

Newspapers in English

Newspapers from India