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Explain the reason for the decline of Indian textile industry by the end of 19th century |
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Answer» Lagta hai sst aapne pura complete kar diya hai (i) Britain imposed import duties on cotton textiles, thus export market got declined.(ii) Exports of British goods to India increased. The Manchester goods flooded Indian markets.(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.(v) By 1850, exports from most weaving regions got declined and desolated. |
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