THE ECONOMIC JOURNAL THE JOURNAL OF THE ROYAL ECONOMIC SOCIETY
Edited By : J. M. KEYNES AND D. H. MACGREGOR
VOLUME XXXVI
London, MACMILLAN AND CO., Limited, New York, The macmillan Company,
1926
REVIEW : Page 111
The Evolution of Provincial Finance in British India by B.R. Ambedkar (London : P.S. King & Sons. pp. xxi plus 285, 15 s)
Of this group only two pretend to add anything new to our knowledge of India, the rest are rather text-books for Indian students. Mr. Ambedkar has the facility of making forbidding subjects attractive and has produced a very readable book. Provincial finance in India has so far been almost entirely neglected by writers on finance and little or nothing has been published apart from Government Blue Books and memoranda. The Evolution of Provincial Finance in British India is a useful introduction written rather from the historical point of view. It does not pretend to be exhaustive and is essentially a piece of pioneer work. There are four parts. Part I traces the history from 1833 up to 1873, when a new regime was begun. Centralisation having proved a failure, the opponents of the system wished “ to make the Local Governments partners in the great joint stock of Indian Finances...... instead of keeping them on the footing of agents