Financially: All attention is engrossed in devising new modes of taxation, without any adequate effort to increase the means of the people to pay; and the consequent vexation and oppressiveness of the taxes imposed, imperial and local. Inequitable financial relations between England and India, i.e., the political debt of ,100,000,000 clapped on India's shoulders, and all home charges also…

India has never cost England one centime. it paid back What it cost. India provides a livelihood for all benjamins of English families.

Half of India’s revenues went out of India, mainly to England. Indian taxes paid not only for the British Indian Army in India, which was ostensibly maintaining India’s security, but also for a wide variety of foreign colonial expeditions in furtherance of the greater glory of the British empire, from Burma to Mesopotamia. In 1922, for instance, 64 per cent of the total revenue of the Government of India was devoted to paying for British Indian troops despatched abroad. No other army in the world, as Durant observed at the time, consumed so large a proportion of public revenues.

At the beginning of the eighteenth century, as the British economic historian Angus Maddison has demonstrated, India’s share of the world economy was 23 per cent, as large as all of Europe put together. (It had been 27 per cent in 1700, when the Mughal Emperor Aurangzeb’s treasury raked in £100 million in tax revenues alone.) By the time the British departed India, it had dropped to just over 3 per cent. The reason was simple: India was governed for the benefit of Britain. Britain’s rise for 200 years was financed by its depredations in India.

had exported an average of £13,000,000 worth of goods to Britain each year from 1835 to 1872 with no corresponding return of money; in fact, payments to people residing in Britain, whether profits to Company shareholders, dividends to railway investors or pensions to retired officials, made up a loss of £30 million a year.

There is no doubt that our grievances against the British Empire had a sound basis for. As the painstaking statistical work of the Cambridge historian Angus Maddison has shown, India's share of world income collapsed from 22.6% in 1700, almost equal to Europe's share of 23.3% at that time, to as low as 3.8% in 1952. Indeed, at the beginning of the 20th Century, "the brightest jewel in the British Crown" was the poorest country in the world in terms of per capita income.

[London] is becoming a giant suction machine draining the life out of the rest of the country

By the end of the nineteenth century, India was Britain’s biggest source of revenue, the world’s biggest purchaser of British exports and the source of highly paid employment for British civil servants and soldiers all at India’s own expense. Indians literally paid for their own oppression.

The second thing, is that all the great famines of India happened during the British time. Many historians, such as Frenchman Guy Deleury, have documented the economic rape of India by the British : “Industrially the British suffocated India , gradually strangling Indian industries whose finished products, textiles in particular, were of a quality unique in the world which has made them famous over the centuries. Instead they oriented Indian industries towards jute, cotton, tea, oil seeds, which they needed as raw materials for their home industries. They employed cheap labour for the enterprises while traditional artisans were perishing. India, which used to be a land of plenty, where milk and honey flowed started drying” (Modèle Indou)… According to British records, one million Indians died of famine between 1800 and 1825, 4 million between 1825-1850, 5 million between 1850-1875 and 15 million between 1875-1900. Thus 25 million Indians died in 100 years ! The British must be proud of their bloody record. It is probably more honourable and straightforward to kill in the name of Allah, than in the guise of petty commercial interests and total disregard for the ways of a 5000 year civilisation.

British rule in India is the most sordid and criminal exploitation of one nation by another in all recorded history. I propose to show that England has year by year been bleeding India to the point of death, and that self-government of India by the Hindus could not within any reasonable probability, have worse results than the present form of alien domination.

England will repent of bringing the Russians so far: they will deprive her of India.

The little court disappears — trade languishes — the capital decays — the people are impoverished — the Englishman flourishes, and acts like a sponge, drawing up riches from the banks of the Ganges, and squeezing them down upon the banks of the Thames.

There is a sense of widespread neglect and decay in the field of indigenous education within a few decades after the onset of British rule. (...) The conclusion that the decay noticed in the early 19th century and more so in subsequent decades originated with European supremacy in India, therefore, seems inescapable. The 1769-70 famine in Bengal (when, according to British record, one-third of the population actually perished), may be taken as a mere forerunner of what was to come. (...) During the latter part of the 19th century, impressions of decay, decline and deprivation began to agitate the mind of the Indian people. Such impressions no doubt resulted from concrete personal, parental and social experience of what had gone before. They were, perhaps, somewhat exaggerated at times. By 1900, it had become general Indian belief that the country had been decimated by British rule in all possible ways; that not only had it become impoverished, but it had been degraded to the furthest possible extent; that the people of India had been cheated of most of what they had; that their customs and manners were ridiculed, and that the infrastructure of their society mostly eroded. One of the statements which thus came up was that the ignorance and illiteracy in India was caused by British rule; and, conversely, that at the beginning of British political dominance, India had had extensive education, learning and literacy. By 1930, much had been written on this point in the same manner as had been written on the deliberate destruction of Indian crafts and industry, and the impoverishment of the Indian countryside.

If India’s GDP went down because it ‘missed the bus’ of industrialization, it was because the British threw Indians under the wheels.