Imperialism, nationalism and the making of the Indian capitalist class, 1920-1947/
Aditya Mukherjee.
- New Delhi ; Sage Publications, 2001.
- 461 p. ; 25 cm.
- Sage series in modern Indian history, 3. .
Series Editors' Preface 10 List of Tables 13 List ofAbbreviations 14 Preface 16 One: Introduction 21 I. The Economic Background II. Decolonization? Two: The Politico-Ideological Dimension 39 I. Emergence of Class Organization II. Imperialism and the Capitalist Class III. The Indian Capitalist Class and the National Movement Three: Finance and Monetary Policy 1:1926-28 89 I. Introduction II. The Ratio Ila. Hilton Young Commission: The Government View lib. The Capitalists' View lie. Impact on Agriculture Ild. Impact on Government Finance He. Impact on Industry III. The Gold Standard Four: Finance and Monetary Policy II: 1929-39 122 I. The Depression II. The Rupee-Sterling Link III. Gold Exports 8 Imperialism, Nationalism and the Indian Capitalist Class IV. Government Budgetary Policy V. The Reserve Bank of India Va. The First Phase, 1927-28 Vb. The Second Phase, 1930-33: The British View Vc. The Indian Capitalists' Response Five: Finance and Monetary Policy III: The War and After 161 I. Sterling Balance la. British Motives lb. The Capitalist Response Ic. Utilization of the Sterling Balances Id. Capital Goods le. Post-War Bargaining II. The Empire Dollar Pool III. Post-War Monetary Agreements: The IMF and the IBRD Six: Tariffs, Trade and Industry 1:1916-30 208 I. Introduction: Industrial Policy of the Covenrment of India la. Impact of Economic Changes Since the First World War on Fiscal Policy II. The Fiscal Autonomy Convention, 1919 and the Fiscal Commission Report, 1921-22 Ila. The Indian Capitalists' Response lib. Conditions for Discriminating Protection lie. Permanent Tariff Board lid. Imperial Preference III. The Cotton Textile Industry (Protection) Bill, 1930 Seven: Tariffs, Trade and Industry II: 1932-36 247 I. Introduction II. Ottawa Agreement, 1932 III. Mody-Lees Pact and Indo-British Trade Agreement, 1935 Eight: Tariffs, Trade and Industry III: 1936-39 305 I. Indo-British Trade Negotiations, 1936-39 Nine: Tariffs, Trade and Industry IV: 1939-47 362 I. Introduction II. The War as Opportunity Contents 9 III. United Kingdom Commercial Corporation IV. CapitalIssues Control V. Excess Profit Tax VI. Eastern Group Conference, American Technical Mission, Lease Lend Agreement VII. ThePost-warYears: InternationalConference on Tradeand Employment and the International Trade Organization Vila. US Draft Proposals for International Conference on Trade and Employment Vllb. First Preparatory Committee Meeting, London VIIc. Second Preparatory Conference, Geneva Ten: Foreign Capital I. Introduction II. Reservation III. United Front IV. Right to Discriminate V. The War Years: Indian Ltds VI. Role of the State VII. Repatriation VIII. Inflow of Foreign Capital Villa. Capital Equipment and Technology Vlllb. Direct Participation: Terms VIIIc. Collaboration Agreements IX. Concluding Remarks Eleven: Planning and Public Sector 474 I. Introduction: Need for Plarming II. Why Public Sector? III. Capitalists Defendtheir Plan IV. Left Nationalist and Capitalist View: The Commonalities V. Left Nationalist and Capitalist View: The Differences Twelve: Concluding Remarks 524 Appendix Bibliography Index About the Author 565