This explanation is too simplistic, no?
Pranay Kotasthane
1

Again, it’s a question of timeframes (though I should have been clearer in stating that). From the 1860s to the interwar period, agricultural employment increased whereas wages remained relatively stagnant. However, industries expanded both in terms of jobs and wages. Keep in mind that we’re talking about barely a few decades. Within that time and the technology available to India, agriculture hit peak productivity. Within that time and the technology available to Britain, industrial productivity continued to rise.

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