Explain the ways through which British manufacturers attempted to take over the Indian market.
Once the East India Company established politicalpower, it began to device several ways to take over the Indian market. Now they could assert a monopoly right to trade. It proceeded to develop a system of management and control that would eliminate competition, control costs, and ensure regular supplies of cotton and silk goods. This it did through a series of steps
First: the Company tried to eliminate the existing traders and brokers connected with the cloth trade, and establish more direct control over the weaver. It appointed a paid servant called the gomastha to supervise weavers, collect supplies, and examine the quality of cloth.
Second: it prevented Company weavers from dealing with other buyers. One way of doing this was through the system of advances. Once an order was placed, the weavers were given loans to purchase the raw material for their production. Those who took loans had to hand over the cloth they produced to the gomastha. They could not take it to any other trader.
These were some of the ways used by the British to take over the Indian market.
First: the Company tried to eliminate the existing traders and brokers connected with the cloth trade, and establish more direct control over the weaver. It appointed a paid servant called the gomastha to supervise weavers, collect supplies, and examine the quality of cloth.
Second: it prevented Company weavers from dealing with other buyers. One way of doing this was through the system of advances. Once an order was placed, the weavers were given loans to purchase the raw material for their production. Those who took loans had to hand over the cloth they produced to the gomastha. They could not take it to any other trader.
These were some of the ways used by the British to take over the Indian market.
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