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Why was it difficult for the East India Company in the 1760's to ensure a regular supply of goods in India for export?
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Why was it difficult for the East India Company in the 1760's to ensur...
Answer :

The East India Company adopted various steps to ensure regular supplies of cotton and silk textiles.

(i) Established political power to assert monopoly right to trade.

(ii) Developed a system of management and control that would eliminate competition, control cost and ensure regular supply of cotton and silk goods.

(iii) Eliminated the existing traders and broker connected with cloth and established direct control with the weaver.

(IV) Appointed paid servants called gomasthas to supervise weavers, examine the quality of the cloth and collect supplies.

(v) Weavers were not allowed to contact other buyers. Weavers were given advances and were offered the loan to buy raw material. Those who took advance or loan could not contact any other trader.

(vi) The weavers had to sell at a price dictated by the Company. By giving loan the Company bed the weavers with them.

Hope its help you.
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Why was it difficult for the East India Company in the 1760's to ensur...
Difficulty in Ensuring Regular Supply of Goods in India for Export by the East India Company in the 1760s



  • Competition from Local Traders: The East India Company faced stiff competition from local traders who controlled the supply chain of goods. These traders had established networks and had better knowledge of the local market. They could easily buy goods at a lower price and sell them to the company at a higher price. This increased the cost of production for the company, making it difficult to ensure a regular supply of goods for export.


  • Infrastructure Issues: Infrastructure was a major challenge for the East India Company in the 1760s. The company had to rely on the existing infrastructure for transportation and storage of goods. The roads were in poor condition, and the transportation system was inadequate. This made it difficult to transport goods from one place to another, resulting in delays and losses.


  • Weather Conditions: The weather conditions in India were unpredictable. Natural disasters such as floods and droughts could damage crops and disrupt the supply chain. This made it difficult for the company to ensure a regular supply of goods for export.


  • Political Instability: The political situation in India was unstable in the 1760s. The company had to navigate the complex political landscape to ensure a regular supply of goods. This involved dealing with various local rulers who had their own agenda and interests. Political instability also led to conflicts and wars, which disrupted the supply chain.


  • Labour Shortages: The East India Company relied heavily on labour for the production and transportation of goods. However, labour shortages were common in India in the 1760s. This was due to various reasons such as migration, diseases, and conflicts. The shortage of labour made it difficult for the company to ensure a regular supply of goods.


  • Price Fluctuations: The prices of goods in India were volatile in the 1760s. This was due to various reasons such as market forces, weather conditions, and political instability. The fluctuating prices made it difficult for the company to predict the cost of production and plan for a regular supply of goods.



In conclusion, the East India Company faced several challenges in ensuring a regular supply of goods in India for export in the 1760s. These challenges included competition from local traders, infrastructure issues, weather conditions, political instability, labour shortages, and price fluctuations. These challenges made it difficult for the company to operate efficiently and profitably.
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Read the source given below and answer the questions that follows:The exchange of goods among people, states and countries is referred to as trade. The market is the place where such exchanges take place. Trade between two countries is called international trade. It may take place through sea, air or land routes. While local trade is carried in cities, towns and villages, state level trade is carried between two or more states. Advancement of international trade of a country is an index to its economic prosperity. It is, therefore, considered the economic barometer for a country. As the resources are space bound, no country can survive without international trade. Export and import are the components of trade. The balance of trade of a country is the difference between its export and import. When the value of exports exceeds the value of imports, it is called a favourable balance of trade. On the contrary, if the value of imports exceeds the value of exports, it is termed as an unfavourable balance of trade. India has trade relations with all the major trading blocks and all geographical regions of the world. Among the world, the commodities exported from India to other countries include gems and jewellery, chemicals and related products, agriculture and allied products, etc. The commodities imported to India include petroleum crude and products, gems and jewellery, chemicals and related products, base metals, electronic items, machinery, agriculture and allied products. India has emerged as a software giant at the international level and it is earning large foreign exchange through the export of information technology.Answer the following MCQs by choosing the most appropriate option.Q. What is trade between two countries called and how does it takes place?

Read the source given below and answer the questions that follows:The exchange of goods among people, states and countries is referred to as trade. The market is the place where such exchanges take place. Trade between two countries is called international trade. It may take place through sea, air or land routes. While local trade is carried in cities, towns and villages, state level trade is carried between two or more states. Advancement of international trade of a country is an index to its economic prosperity. It is, therefore, considered the economic barometer for a country. As the resources are space bound, no country can survive without international trade. Export and import are the components of trade. The balance of trade of a country is the difference between its export and import. When the value of exports exceeds the value of imports, it is called a favourable balance of trade. On the contrary, if the value of imports exceeds the value of exports, it is termed as an unfavourable balance of trade. India has trade relations with all the major trading blocks and all geographical regions of the world. Among the world, the commodities exported from India to other countries include gems and jewellery, chemicals and related products, agriculture and allied products, etc. The commodities imported to India include petroleum crude and products, gems and jewellery, chemicals and related products, base metals, electronic items, machinery, agriculture and allied products. India has emerged as a software giant at the international level and it is earning large foreign exchange through the export of information technology.Answer the following MCQs by choosing the most appropriate option.Q. Export and import are the components of

Read the source given below and answer the questions that follows:The exchange of goods among people, states and countries is referred to as trade. The market is the place where such exchanges take place. Trade between two countries is called international trade. It may take place through sea, air or land routes. While local trade is carried in cities, towns and villages, state level trade is carried between two or more states. Advancement of international trade of a country is an index to its economic prosperity. It is, therefore, considered the economic barometer for a country. As the resources are space bound, no country can survive without international trade. Export and import are the components of trade. The balance of trade of a country is the difference between its export and import. When the value of exports exceeds the value of imports, it is called a favourable balance of trade. On the contrary, if the value of imports exceeds the value of exports, it is termed as an unfavourable balance of trade. India has trade relations with all the major trading blocks and all geographical regions of the world. Among the world, the commodities exported from India to other countries include gems and jewellery, chemicals and related products, agriculture and allied products, etc. The commodities imported to India include petroleum crude and products, gems and jewellery, chemicals and related products, base metals, electronic items, machinery, agriculture and allied products. India has emerged as a software giant at the international level and it is earning large foreign exchange through the export of information technology.Answer the following MCQs by choosing the most appropriate option.Q. The commodities to India include petroleum crude and products, gems and jewelry, chemicals and related products, base metals, electronic items, machinery, agriculture and allied products.

Read the source given below and answer the questions that follows:The exchange of goods among people, states and countries is referred to as trade. The market is the place where such exchanges take place. Trade between two countries is called international trade. It may take place through sea, air or land routes. While local trade is carried in cities, towns and villages, state level trade is carried between two or more states. Advancement of international trade of a country is an index to its economic prosperity. It is, therefore, considered the economic barometer for a country. As the resources are space bound, no country can survive without international trade. Export and import are the components of trade. The balance of trade of a country is the difference between its export and import. When the value of exports exceeds the value of imports, it is called a favourable balance of trade. On the contrary, if the value of imports exceeds the value of exports, it is termed as an unfavourable balance of trade. India has trade relations with all the major trading blocks and all geographical regions of the world. Among the world, the commodities exported from India to other countries include gems and jewellery, chemicals and related products, agriculture and allied products, etc. The commodities imported to India include petroleum crude and products, gems and jewellery, chemicals and related products, base metals, electronic items, machinery, agriculture and allied products. India has emerged as a software giant at the international level and it is earning large foreign exchange through the export of information technology.Answer the following MCQs by choosing the most appropriate option.Q. Advancement of international trade of a country is an to its economic prosperity.

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