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the Raj nevertheless presided over the destruction of Indian political, cultural and artistic self-confidence, while the economic figures speak for themselves: in 1600 when the East India Company was founded Britain was generating 1.8% of the world’s GDP, while India was producing 22.5%. By 1870, at the peak of the Raj, Britain was generating 9.1%, while India had been reduced for the first time to the epitome of a Third World nation, a symbol across the globe of famine, poverty and deprivation.
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