Mention any three restrictions imposed by the british government
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Restrictions imposed by the British Government upon the Indian merchants were:
(i) The colonial control over Indian trade tightened and space within which Indian merchants could function became limited.
(ii) They were barred from trading with Europe in manufactured goods.
(iii) They had to export mostly raw materials and food grains.
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hello mate ✅
As the East India Company established political power, It asserted its monopoly right to trade in India. The restrictions were as follows.⬇️⬇️⬇️✅
- (i) The British Government developed a system of management and control that would eliminate competition and restrict the space within which Indian merchants could function.
- (ii) Indian merchants were barred from trading with Europe in manufactured goods.
- (iii) Indian merchants had to export mostly raw materials like raw cotton, opium, wheat and Indigo required by the British. They were also gradually edged out of the shipping business.
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