Describe the response of business classes to hand call for civil disobedience movement
Answers
The Indian merchants and industrialists could grow their business during the First World War.
They were against those colonial policies which restricted their business activities. They wanted protection against imports and a rupee-sterling foreign exchange ratio which would discourage imports.
The Indian Industrial and Commercial Congress was formed in 1920 and the Federation of the Indian Chamber of Commerce and Industries (FICCI) was formed in 1927.
These were the results of attempts to bring the common business interests on a common platform.
For the businessmen, swaraj meant an end to oppressive colonial policies.
They wanted an environment which could allow the business to flourish.
They were apprehensive of militant activities and of growing influence of socialism among the younger members of the Congress.