Explaine The ruin of trade and handicrafts in the first war of independence
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The ruin of trade and handicrafts: Heavy duties on Indians silk and cotton textile in Britain destroyed Indian industries. On the other hand, British goods were imported into India at a nominal duty. By the middle of the 19th century, export of cotton and silk goods from India practically ceased. The art of spinning and weaving, which for ages had given employment to thousands of artisans, became extinct.
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