what is the market regulation started by allaudin khilji
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Answer:
Zawabit or detailed regulations were made to control the prices of various commodities, from food grains to horses, cattle and slaves, which were fixed by the state. No change was permitted in the price of the commodities without the state’s permission.
He tried to control prices along with its availability and distribution. The Karwanis or Banjaras carriers formed a guild where they became guarantors for each other.
The cultivators were not allowed to hoard. Only 10 mound {1 mound=40 kg} of grain they could store. Rest they had to sell into market.
Four separate markets were established for various commodities central grain market, market for manufactured goods, market for general merchandise and market for horses, cattle and slaves. Each market was put under the charge of a Shuhna or controller of market, and all merchants were to be registered with the state. The sultan received daily reports for the markets from the three independent sources – Shuhna, barids (intelligence officers) and munshis (secret spies).
Very strict punishment was prescribed for cheating and under-weighing. Shehna-i-mandi was appointed to keep a strict vigil.
To reduce the prices of the costly or imported commodities, the state used to subsidize their costs. But such subsidized items were sold on a permit issued by the permit officer appointed by the state.
There was also provision for rationing during famine, drought or scarcity of food drains.
Sarai-i-adl was the market for clothes, which was setup near the royal palace at Badayun gate.
Horse trade was monopoly of the Afghans and Multanis. The middlemen and dalas sold them in the market. Alauddin did away with the intermediaries and asked the merchants to sell the horses directly to the Diwan-i-arz.