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Write something about Ala-ud-din's market control policy?​

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Answered by krishnap28
1

Answer:

Market reforms of Alauddin Khalji. ... Alauddin fixed the prices for a wide range of goods, including grains, cloth, slaves and animals. He banned hoarding and regrating, appointed supervisors and spies to ensure compliance with the regulations, and severely punished the violators.

Answered by Gautam308
2
According to Barani, Alauddin's Ministry of Commerce (diwan-i riyasat) dictated the prices of all the goods sold in the general markets spread across Delhi. These prices were determined by Alauddin and his staff according to the production cost of the goods.Barani mentions that Alauddin's price control measures were directed at all kinds of goods, "from caps to socks; from combs to needles; from vegetables, soups, sweetmeats to chapatis."

Alauddin selected Yaqub Nazir as his Minister of Commerce, and also appointed him as the censor, and the superintendent of weights and measures. Barani describes Yaqub Nazir as an honest but "rude and cruel" man. The Minister appointed a superintendent for every market to ensure that the shopkeepers adhered to the price list sanctioned by Alauddin's administration. The superintendents were also responsible for maintaining proper prices for the commodities that could not be included in the official price list.

Yaqub Nazir regularly checked the prices in the general markets, and meted out humiliating punishments to the erring shopkeepers. These punishments scared the shopkeepers into reducing their prices. However, the shopkeepers used other methods to make illegal profits, including use of false weights, sale of low-quality commodities, and lying to young and ignorant customers. To address this problem, Alauddin started sending child employees of the royal pigeon-house to make test purchases, which would be reviewed by Yaqub Nazir. Barani states that if a shopkeeper did not give full weight to the child customer, the Minister would carve out double the due weight of flesh from the shopkeeper's body. Such severe punishments finally ensured adherence to Alauddin's price-fixing regulations in the general markets.





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