Question

masulipatnam was once the centre for various commercial activities. however it never regained its past glory. do you think it is the duty of government to revive the lost culture of ancient towns why or whynot? ​

Answer 1

Answer:

The Mughal occupation of Masulipatnam forced the European Companies to look for alternatives. A new policy of the East India Company said that it was not enough if a port had connections with the production centres of the hinterland. It was felt that the new Company trade centres should combine political, administrative and commercial roles. Masulipatnam lost both its merchants and prosperity and declined in the course of the 18th century as the Company traders moved to Bombay, Calcutta and Madras. Today it is nothing more than a dilapidated little town.

Royal monopolies were imposed by the Qutb Shahi rulers of Golconda on the sale of textiles, spices and other items. It was done to prevent the trade from passing completely into the hands of the various East India Companies. There was cut-throat competition among various trading groups – the Golconda nobles, Persian merchants, Telugu Komati Chettis and the European traders. This competition made the city populous and prosperous.

As the Mughals started extending their control on Golconda, the governor of Golconda, Mir Jumla began to play off the Dutch and the English against each other. Mir Juma was a representative of the Mughals and also a merchant. The Mughal emperor Aurangzeb annexed Golconda in 1686-87.

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