Which of the following statements are correct:

A. The modern working class in India was the offspring of the modern industries, transport and plantation established in India during the British period.

B. The Indian proletariat was formed out of the pauperized peasant and ruined artisans, who became wage earners.

C. The Indian working class developed national and class consciousness much later than the educated middle class.

D. During the pre-British period, the workers of India were protected against risks of sickness, unemployment, old age and death.

E. A larger proportion of the workers were prosperous in colonial India.

Choose the correct answer from the options given below: