Day: 22 June 2021

The Public Economist Gold Mohur

Reparations- The elephant in the room

June 22, 2021

To examine the validity of reparations, we need to analyse the extent of the damage caused. In case of India (a former British colony), India was de- developed under British raj. British policy was designed to destroy India’s domestic industries (like handmade textiles ) by imposing asymmetrical tariffs, by dismantling the institutions that trained up producers, and in some cases even by maiming skilled artisans – all to create captive markets for British goods.

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