How did the British economically exploited India.

The British conquest has a ruinous impact on Indian economy.

1. The Peasant's Suffering — The Indian peasants had to sell their produce at cheap prices in order to satisfy the greed of the moneylenders, the Zamindars and the government officials.
2. Destruction of Handicrafts — Heavy duties were imposed on goods exported into England from India. Further, British goods were forced upon India, since we were at the mercy of our foreign masters. The policy of Free Trade was responsible for the destruction of our crafts and trades.
3. Dissatisfied Educated Indians — The educated young men in India were becoming increasingly dissatisfied with the government because the better paid jobs were kept out of their reach. Surendranath Bannerjea, an ICS official, was dismissed from the service on superficial grounds.
4. Poverty, unemployment and workers exploitation — The progress of industries in India was very slow. But in 1880, there were nearly 60 mills or factories in India. With the evolution of the new pattern of economy, poverty and unemployment also increased. The workers, as usual, were exploited by the mill owners, mostly Englishmen.
5. Government ignored people's welfare — Burden of taxes was constantly on the increase, but the government did very little to promote the welfare of the people. Huge expenditure was incurred on army and the police force to sustain Britain's imperial interests. Insufficient attention was being paid to raising the living standards of the people.