Question

How did the east India company procure regular supplies of cotton and silk textile from Indian weavers
Class 10th

Answer 1

The East India Company adopted various steps to ensure regular supplies of cotton and silk textiles.

Established political power to assert monopoly right to trade.

Developed a system of management and control that would eliminate competition, control cost and ensure regular supply of cotton and silk goods.

Answer 2

The East India Company took various steps to ensure a regular supply of cotton and silk fabrics.

Explanation:-

• (i) They established political power to claim their monopoly on trade.

• (ii) The Company tried to eliminate the existing traders and brokers involved in the textile trade and to establish more direct control over the weavers. It employed salaried servants called gomasthas to supervise the weavers, collect supplies and check the quality of the cloth.

• (iii) It prevented the weavers of the company from dealing with other buyers. Once orders were received, loans were given to weavers to buy raw materials. The borrowers had to hand over their produce to the cows. They could not take it to any other merchant.

• (iv) He developed a system of management and control that would eliminate competition, control costs, and ensure a regular supply of cotton and silk goods.

• (v) Weavers had to sell at the price fixed by the company. By giving loans to the weavers, the company tied up the weavers with them.