Question

Why was it difficult for east India company to procure goods for export in the beginning

Answer 1

Answer:

The East India Company adopted various steps to ensure regular supplies of cotton and silk textiles.

(i) Established political power to assert monopoly right to trade.

(ii) Developed a system of management and control that would eliminate competition, control cost and ensure regular supply of cotton and silk goods.

(iii) Eliminated the existing traders and broker connected with cloth and established direct control with the weaver.

(iv) Appointed paid servants called gomasthas to supervise weavers, examine the quality of the cloth and collect supplies.