British Trade Policies Destroy Indian Industry

Subject

Indian National Movement

Chapter

Advent of the Europeans

  • East India Company allows unrestricted British imports into India
  • British goods enter India without import duties, making them cheaper
  • High protective duties block Indian goods from entering British markets
  • Indian weavers and traders face economic ruin due to unfair competition
  • Unemployed weavers are forced to shift to agriculture for survival
  • Migration to farming increases pressure on limited agricultural land