Question

describe the reasons behind the decline of Indian handicraft industry.

Answer 1

The main reason for the decline of India’s renowned handicraft industry was the introduction of “Discriminatory Tariff Policy” by the colonial government. This policy allowed-

Free export of raw materials from India or at cheap rates which were to be used in the upcoming modern industries in Britain.

Import of British goods in India at very low prices and heavy duty was imposed on export of Indian handicrafts.

As a result, Indian markets were full of finished goods from Britain which were of low and affordable prices. It led to the decline of Indian handicrafts both at the international and domestic market. This two-fold policy was ensured to ensure the maximum advantage of their home country.

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Answer 2

Answer:

Import of British goods in India at very low prices and heavy duty was imposed on export of Indian handicrafts. As a result, Indian markets were full of finished goods from Britain which were of low and affordable prices. It led to the decline of Indian handicrafts both at the infernational and domestic market.

Explanation:

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