What steps were taken by the East India Company to control the market of cotton and silk goods? -SST 10th

1 Answer

Answer :

(i) The East India Company tried to eliminate the existing traders and appointed 'Gomasthas' as supervisors.  (ii) The system of advances was introduced to have a direct control over the weavers.  Impact:  (i) Weavers devoted entire time to weaving.  (ii) They were forced to accept the prices fixed by the company.  (iii) There were reports of clashes of weavers with Gomasthas.

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