Abstract
Reasons for the relative failure of agricultural development in India during the colonial period are analyzed, and the effects of the scarcity of capital, the absence of suitable technology, and the growth of the population are assessed. "The article explores the manner in which peasant possession of land and other means of subsistence limited productive utilisation of capital and technology, triggered a certain demographic regime and, in turn, disrupted further developmental possibilities." The geographical focus is on the area coinciding with the modern states of Maharashtra and Gujarat.
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