Agricultural India was to be made an economic colony of industrial England. The Government of India now followed a policy of free trade or unrestricted entry of British goods. They also advocated the westernization of India so that more and more Indians might develop a taste for Western goods.

The Subsidiary Alliance System was “Non-Intervention Policy” to establish British Rule in India. In this, every Indian ruler had to to pay a subsidy to the British for the maintaining the British army. In return, British protected them from their enemies that gave British the chance of enormous expansion.

The Government of India adopted a protective trade policy which, though beneficial to the United Kingdom, caused great damage to the Indian economy. During the period 1929–1937, exports and imports fell drastically crippling seaborne international trade. The railways and the agricultural sector were the most affected.

After the Indian Rebellion of 1857 the British Government nationalised the Company creating the British Raj. The Company lost all its administrative powers; its Indian possessions, including its armed forces, were taken over by the Crown pursuant to the provisions of the Government of India Act 1858.

United Kingdom is approximately 243,610 sq km, while India is approximately 3,287,263 sq km, making India 1,249% larger than United Kingdom.

India had overtaken the UK in 2019 to become the fifth largest economy in the world but has been relegated to 6th spot in 2020. “This growth trajectory will see India become the world’s third largest economy by 2030, overtaking the UK in 2025, Germany in 2027 and Japan in 2030,” it said.

India with a GDP of $2.7T ranked the 7th largest economy in the world, while Russia ranked 11th with $1.7T….Gross Domestic Product & Income.