Q. 4. Answer in detail (15m)
1. Discuss the reasons responsible for the
declination for the Indian textile industry.
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Answer 1
(i) Britain imposed import duties on cotton textiles, thus export market got declined.
(ii) Exports of British goods to India increased. ...
(iii) The machine-made goods were cheaper and weavers could not compete with them.
(iv) Raw cotton exports from India to Britain shot up the prices of cotton.
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