MemCast
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India’s current economic challenges reflect lingering extractive‑colonial structures
  • India’s trade regime still emphasizes raw‑material export (e.g., minerals, textiles) over high‑value manufacturing.
  • Bureaucratic red‑tape and fragmented regulations echo colonial‑era extraction policies.
  • Reform efforts aim to shift towards a knowledge‑based, export‑diversified economy, but entrenched habits persist.
  • Recognising and dismantling these colonial legacies is essential for sustainable growth.
Aditya RathaorRaj Shamani00:57:30

Supporting quotes

इंडिया ... एक्सट्रैक्टिव कॉलोनी ... Aditya Rathaor
Linking India to extractive past
इंडिया ने जो भी डेमोक्रेटिक सिस्टम्स लाए ... Aditya Rathaor
Modern institutional challenges

From this concept

Colonial Legacies and Extractive Economies

Historical patterns of resource extraction under colonial rule have left institutional scars. The British model prioritized raw-material export over domestic development, a legacy that still shapes India's economic architecture.

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