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Also, from the late 18th century British cotton mill industry began to lobby the government to both tax Indian imports and allow them access to markets in India. [36] Starting in the 1830s, British textiles began to appear in—and soon to inundate—the Indian markets, with the value of the textile imports growing from £5.2 million in 1850 to ...
The Company rule and the expansion of the British East India Company continued up until the Indian Rebellion of 1857. Ultimately, the Company rule ended with the Government of India Act 1858 following the events of the Indian Rebellion of 1857, [15] although the British East India Company was formally dissolved by Act of Parliament in 1874. [13]
The Factories Act 1961 (9 & 10 Eliz. 2. c. 34) consolidated the 1937 and 1959 acts. As of 2008, the Factories Act 1961 is substantially still in force, though workplace health and safety is principally governed by the Health and Safety at Work etc. Act 1974 (c. 37) and regulations made under it.
India experienced deindustrialisation and cessation of various craft industries under British rule, [12] which along with fast economic and population growth in the Western world, resulted in India's share of the world economy declining from 24.4% in 1700 to 4.2% in 1950, [13] and its share of global industrial output declining from 25% in 1750 ...
The English East India Company ("the Company") was founded in 1600, as The Company of Merchants of London Trading into the East Indies.It gained a foothold in India with the establishment of a factory in Masulipatnam on the Eastern coast of India in 1611 and the grant of the rights to establish a factory in Surat in 1612 by the Mughal Emperor Jahangir.
Moosvi estimates that Mughal India also had a per-capita income 1.24% higher in the late 16th century than British India had in the early 20th century, and the secondary sector contributed a higher percentage to the economy of the Mughal Empire (18.2%) than it did to the economy of early 20th-century British India (11.2%). [19]
The Factories Act, 1948 (Act No. 63 of 1948), as amended by the Factories (Amendment) Act, 1987 (Act 20 of 1987), served to assist in formulating national policies in India with respect to occupational safety and health in factories and docks in India. It deals with various problems concerning safety, health, efficiency and well-being of the ...
Export-Import Bank of India Act: 1981: 28 British India Corporation Limited (Acquisition of Shares) Act: 1981: 29 Dalmia Dadri Cement Limited (Acquisition and Transfer of Undertakings) Act: 1981: 31 Cine-Workers Welfare Fund Act: 1981: 33 Essential Service(Maintenance) Act: 1981: 42 Maritime Zones of India (Regulation of Fishing by Foreign ...