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The Raj and the Rajas - Money and Coinage in Colonial India (Hardcover)
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The Raj and the Rajas - Money and Coinage in Colonial India (Hardcover)
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The decline of the Mughal Empire, the political ascendency of the
British East India Company, a number of revivalist powers (the
Sikhs, the Marathas, the Rohillas, etc.), and a large number of
Indian princely states, resulted in redrawing the political spaces
across India. In the process, the minting rights of the titular
Mughal king and of the neo-independent Indian princely rulers were
severely curbed by the dominant colonial power, both for political
as well as economic reasons. The territorial expansion of the
British Empire in India was invariably followed by the abolition of
the native mints and the introduction of the imperial currency in
the annexed territories. Indeed, the 'sikka' followed the flag. By
presenting the monetary history of this period, this volume seeks
to address some of the questions, viz. the effect of money supply
on trade, prices of commodities and services, wage structures in
different regions as well as on the administrative and military
health of a political power. In this unique anthology, published
studies along with unpublished archival records have been
integrated into an overall theme. Together with a comprehensive
bibliography-cum-list for further readings this volume is aimed to
serve as a veritable reference tool.
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