British Raj siphoned out $45 trillion from India: Utsa Patnaik10 min read . Updated: 21 Nov 2018, 08:18 PM IST
Economist Utsa Patnaik says West should set aside a portion of its gross domestic product for unqualified annual transfers to developing countries
New Delhi: When renowned economist Utsa Patnaik began to sift through old tracts of British economic history in order to understand the nature of fiscal relations between London and colonial India, the fate of the Kohinoor wasn’t much in the news; Shashi Tharoor hadn’t yet spoken in favour of reparations at Oxford University—a speech which went viral; and not many books had been written about the thousands of Indian soldiers who fought under the British flag in the empire’s many wars overseas.
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