A reckoning in a distant room: An Indian perspective on the budget debates of 1806 (From the Archives)
New Delhi, Oct 13 (IANS) In the quiet, half-empty chamber of the British House of Commons in July 1806, a series of debates unfolded concerning the "India Budget". To the handful of parliamentarians present, it was a matter of accounts, of deficits and debts, of a colossal commercial enterprise teetering on the edge of financial distress.