GIPE-PUNE-OIIOI2 - DSpace@GIPE

86 THE BANK CAPITALISM OF YOUNG BENGAL
The retreat of Nos. 1-30 is almost phenomenal.
namely, from 5,749,OOOThs. to 932,000 Ths.
That is, in 1930-31 these counts were imported to the
extent of 16·2 per cent only of the pre-war average. The
foreign imports are virtually nowhere in regard to the
lower counts.
The yardage of cotton piecegoods produced in the
Indian mills has been likewise steadily on the increase.
From 1,105,494,000 yds. in pre-war years the production
has grown up to 2,561,133,000 yds. in 1930-31. This
implies an increment of 231·6 per cent in twenty years. Ii
The comparative estimate at two dates so far as the relations
between imports and home manufactures are con­
~erned can be envi·saged in the following table:
PRE-WAR AVERAGE
(1) Imports
(2) Indian made
Relation of (2) to (1):
(Thousand Yards)
2,631,674
1.105,494
42 p.c.
1930-3 J
(1) Imports
(2) Indian made
Relation of (2) to (1):
(Thousand Yards)
889,970
2,561.133
287 p.c.
We observe that in pre-war years the Indian output
in cotton piecegoods was 09ly 42 per cent (i.e. less than
half) of the imports. But in 1930-31 it was 287 per cent
(Le. nearly three times). The percentage has thus increas-
5 Review 0/ the Trade a/India in 1930-31. p. 205.