Describe any 5 reasons for the decline of exports from India in 19 cen...
Reasons
i) Britain imposed import duties on cotton textiles, thus export market got declined.
(ii) Exports of British goods to India increased. The Manchester goods flooded Indian markets.
(iii) The machine-made goods were cheaper and weavers could not compete with them.
(iv) Raw cotton exports from India to Britain shot up the prices of cotton.
(v) By 1850, exports from most weaving regions got declined and desolated.
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Describe any 5 reasons for the decline of exports from India in 19 cen...
Reasons for the Decline of Exports from India in the 19th Century
During the 19th century, India experienced a significant decline in its export trade. This decline can be attributed to several factors that had a profound impact on the Indian economy. Below are five key reasons for the decline of exports from India during this period:
1. British Colonial Policies:
- The British colonial rule in India implemented policies that were detrimental to the Indian economy. These policies aimed at deindustrializing India and promoting British industries. As a result, Indian artisans and industries faced severe competition from cheaper British goods, leading to a decline in exports.
2. Destruction of Indian Textile Industry:
- India was known for its flourishing textile industry, which had a rich history of producing high-quality fabrics, such as muslin and silk. However, British policies, such as high tariffs on Indian textiles and the imposition of import duties, severely impacted the Indian textile industry. This led to a decline in exports of textiles, resulting in a significant loss of revenue for India.
3. Drain of Wealth:
- The British colonial rule implemented policies that resulted in the drain of wealth from India. This included the extraction of raw materials at low prices, exploitation of labor, and imposition of heavy taxes. The drain of wealth weakened the Indian economy, making it difficult for Indian exporters to compete in the international market.
4. Decline in Agricultural Productivity:
- British policies also had a negative impact on Indian agriculture. The introduction of cash crops, such as indigo and opium, led to a decline in food production. This resulted in famines and a decrease in agricultural exports. The decline in agricultural productivity further contributed to the overall decline in exports from India.
5. Infrastructure and Transportation:
- The lack of proper infrastructure and transportation systems also hindered India's export trade. The British colonial rule focused on developing transportation networks that primarily served their own interests, such as the railways, which were designed to transport raw materials from India to British industries. This neglect of infrastructure development for export purposes limited India's ability to efficiently transport and export goods.
In conclusion, the decline of exports from India in the 19th century can be attributed to various factors, including British colonial policies, the destruction of the Indian textile industry, the drain of wealth, a decline in agricultural productivity, and inadequate infrastructure and transportation systems. These factors collectively weakened the Indian economy and hindered its ability to compete in the international market, leading to a decline in exports.
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