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Answer Outline 

1. Introduction

Brief Context: British colonial rule, spanning over two centuries, created a multifaceted economic landscape in India.

Thesis Statement: The answer critically analyzes the economic policies and institutions imposed by the British and evaluates their long-term impact on India's present socio-economic disparities.

2. Main Body

A. De-industrialization and its Long-term Effects

Topic Sentence: The policy of de-industrialization led to the decline of indigenous industries, causing economic stagnation.

Supporting Facts/Examples: Loss of livelihood in sectors like textiles, handicrafts, and shipbuilding.

Analysis: This led to unemployment, poverty, and hindered India's ability to compete in global markets.

B. Agriculture and Land Revenue Systems

Topic Sentence: Policies such as the Zamindari system resulted in the exploitation of peasants and created a lasting agrarian crisis.

Supporting Facts/Examples: High land taxes, introduction of cash crops, and lack of investment in agriculture.

Analysis: The policies led to famines, farmer suicides, and a focus on subsistence farming rather than agricultural growth.

C. Trade Policies

Topic Sentence: Trade policies like the Drain of Wealth had a significant impact on the economic development of India.

Supporting Facts/Examples: Import of raw materials from India and export of finished goods to India led to an imbalance in trade.

Analysis: These policies depleted India's wealth and created economic dependence.

D. Railways and Infrastructure

Topic Sentence: Infrastructure projects like railways were often said to be for the benefit of India but primarily served British economic interests.

Supporting Facts/Examples: Railways used for the extraction of raw materials.

Analysis: Limited internal trade opportunities and perpetuated economic disparity among regions.

E. Institutional Structures

Topic Sentence: The British introduced institutional structures that had both positive and negative impacts.

Supporting Facts/Examples: English education created a small elite but also widened the gap with the masses.

Analysis: While some institutions like the legal system were beneficial, they also perpetuated socio-economic disparities.

3. Counter-Arguments

Counter-Argument 1: British rule laid the groundwork for modern infrastructure and governance systems.

Rebuttal: The intent behind these was often not altruistic but designed to serve British interests, thus their positive impacts are nuanced.

4. Conclusion

Summary: British economic policies significantly contributed to the socio-economic disparities evident in India today, from de-industrialization to flawed agricultural policies.

Closing Statement: However, the post-independence Indian government also bears responsibility in shaping these disparities, making it a complex interplay of historical and modern factors.