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- Trade And Commerce
- Highlights of Indian Economy
- Economy & Economics
- Characteristics of Indian Economy
- Agriculture and Land Development
- National Income
- Economic Planning and Development
- Unemployment and Employment (Programmes and Schemes)
- New Economic Policy
- Indian Financial System
- Indian Fiscal System
- Money, Banking and Insurance in India
- Tax System
- Industry
- Industrial Performance
- Foreign Trade
- Some Noteworthy Facts
- Some Economic and Financial Terms
- Miscellaneous - Indian Economy
Trade and Commerce
- Indian Trade was extremely developed during ancient time.
- After the British East India Company was established in 1600, the trade between India and Britain was in India's favour till 1757. At that time East India Company used to purchase clothes and spices in exchange for costly metals.
- The British Government decided to impose heavy Duty on the clothes to destroy the structure of Industries. During the later part of 18th Century, after Industrial revolution in Britain there was heavy production of cheap items. To sell those cheap items in world market, the tradition of colonisation began.
- British Companies established monopoly on the sale of cotton. As a result, the Indian weaver got costly raw material and thus Indian products became costly. By 1813, Indian Handloom business was completely ruined.
- In the later part of 19th Century, the establishment of modern industries on the basis of power machines started. First time in India, the textile industries came into being.
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