1. What does the concept of a “built-in depressor” signify? Briefly explain the relevance of the idea of a “built-in depressor” with respect to colonial India. In this context, explain why it is argued that agrarian reforms are critical to agricultural growth in India?

Rather than ploughing back profits into the soil in order to obtain high returns, they overwhelming preferred to skim off as much rent as they could.

2. why agrarian reforms are important

Paper partitions

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