CBSE · Class 11 · Economics · Indian Economy on the Eve of IndependenceWhat led to the decay of India's world-famous handicraft industries during the British rule?
The decay of India's world-famous handicraft industries was caused by the discriminatory tariff policy of the colonial government. They imposed heavy export duties on Indian handicrafts while allowing duty-free import of machine-made British goods into India. This unfair competition destroyed traditional Indian handicrafts and forced artisans into agricultural labor.
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Indian Economy on the Eve of Independence.
Correct choice. Refer to the step-by-step verified solution guidelines above for details.
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Indian Economy on the Eve of Independence.
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Indian Economy on the Eve of Independence.