economic depletion

The British Drain of Wealth: Why India’s Economic Past Still Shapes Its Present

As India asserts itself as one of the world’s largest economies, its leaders increasingly frame this rise against a long period of economic depletion. Speaking in 2024, External Affairs Minister S. Jaishankar observed that colonialism’s economic impact “is not a closed chapter — it shaped the inequities of the present.” That sentiment reflects a growing global reassessment of empire, extraction…