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Q) Explain Alauddin Khilji’s market regulations & discuss their impact.
(APPSC GROUP 1 -2023)
● Market Reforms
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○ The Mongol invasions of Delhi had pin- pointed the need to raise a large
army to check them.
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■ But such an army would soon exhaust his treasures unless he could
lower the prices, and hence lower their salaries.
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○ Alauddin sought to fix the cost of all commodities from foodgrains, sugar
and cooking oil to a needle, and from costly imported cloth to horses, cattle,
and slave boys and girls.
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■ In order to ensure a regular supply of cheap foodgrains, he
declared that the land revenue in the Yamuna-Ganga doab region,
would be paid directly to the state, i.e. The villages in the area would
A not be assigned in iqta to anyone.
■ Further, the land revenue was raised to half of the produce.
■ By raising the state demand, and generally obliging the peasants to
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pay it in cash, the peasants were forced to sell their food grains at a
low price to banjaras who were to carry them to the towns, and to sell
them at prices fixed by the state.
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○ For this purpose, he set up three markets at Delhi - one market for
foodgrains (mandi), the second for cloth (sera-i-adl), and the third for
horses, slaves and cattle.
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○ Each market was under the control of a high officer called shahna who
maintained a register of the merchants, and strictly controlled the
shopkeepers and the prices.
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■ Shahna-i-mandi: Daily reports on market prices were collected
through market superintendents.
■ Diwan-i-Riyasat: Created for the purpose of controlling market and
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price.
■ Price control was done through an extensive intelligence network to
keep an eye on black-marketing and hoarding.
t.me/mrignayani_academy
■ Stringent penalties were imposed for price regulation violations.
○ The state itself set up warehouses and stocked them with food grains which
were released whenever there was a famine or a threat of a shortfall in
supply.
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***Along with these points, mention the impact of these reforms.
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