why did indigo plantation decline
Answers
Answer:
hii✋
the Indigo planter persuaded the peasants to plant Indigo instead of food crops. they provide loans called dadon,
at a very high interest.
by an act in 1833, the planter were granted the free hand in operation
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Indigo Plantations in India
In Europe, the demand for indigo was increasing. So the Company decided to encash on this potential. So from towards the end of the eighteenth century, it enforced indigo cultivation in Bengal. In 1788 only about 30 per cent of the indigo imported into Britain was from India. By 1810, the proportion had gone up to 95 per cent. Charged up by the way business was picking up in the indigo trade, many people from Britain and even the Company officials starting investing in this business. The banks also encouraged loans to indigo investors.