Indian Currency And Finance (1913)

Indian Currency and Finance is a book written by John Maynard Keynes in 1913. The book is a comprehensive study of the monetary system of India during the colonial period. It covers the history of Indian currency, the functioning of the Indian financial system, and the impact of British colonial policies on the Indian economy.The book begins with an overview of the Indian monetary system and the role of the British government in its management. It then goes on to discuss the various issues facing the Indian economy at the time, such as the lack of a stable currency, the high level of debt, and the difficulties faced by Indian businesses in accessing credit.Keynes argues that the Indian monetary system was in urgent need of reform, and he proposes a number of measures to address the problems facing the Indian economy. These include the establishment of a central bank, the adoption of a gold standard, and the creation of a stable currency.The book also includes a detailed analysis of the economic policies of the British government in India, and their impact on the Indian economy. Keynes is highly critical of many of these policies, arguing that they were designed to benefit British interests at the expense of the Indian economy.Overall, Indian Currency and Finance is a seminal work in the field of monetary economics, and a key text in the history of the Indian economy. It remains an important reference for scholars and policymakers interested in the economic history of India and the development of monetary systems.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.