SELECT * FROM question_mgmt as q WHERE id=5707 AND status=1 SELECT id,question_no,question,chapter FROM question_mgmt as q WHERE courseId=2 AND subId=32 AND chapterId=242 and ex_no='1' AND status=1 ORDER BY CAST(question_no AS UNSIGNED) CBSE Free NCERT Solution of 11th economics-indian-economic-development Indian Economy on the Eve of Independence name some notable economists who estimated india r

Question:

Name some notable economists who estimated India’s per capita income during the colonial period?

Answer:

As the British government was never interested in upliftment of our country, so they never took any initiative to measure India's national and per capita income. Though some of the economists tried to estimate India's national income and per capita income during the colonial rule, the results are mixed and conflicting. The following are some of the notable economists who were engaged in estimation of national income and per capita income:
(i) Dadabhai Naroji
(ii)William Digbay
(iii) Findlay Shirras
(iv) V.K.R.V Rao
(v) R.C. Desai
Out of these, V.K.R.V Rao's estimates are considered to be significant. Most of these studies revealed that Indian economy grew at even less than two percent during 1900-50 with half per cent growth in per capita output per year.


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