Economic History of India: Trade During the Great Mughals, 1526-1700 AD
Synopsis
The political economy of the Mughal empire and of the European trade with India clearly mark out the age of Mughal rule as a distinct phase in the country's economic history. In recent years, there has been increasing interest among scholars and the general educated public in the nature and causes of the economic development or stagnation of nation. Few of the questions raised by this concern regarding the position of inland and foreign trade of India during the period 1526 to 1707 AD i.e. under the Great Mughals can be answered in depth through this comprehensive book entitled "Inland and Foreign Trade of India during the Mughal age". The centralized authority created by the Mughals had manifold implication for the economic life of the Indian people. The Mughals rendered possible a very substantial expansion in inter-regional trade, anticipating the emergence of an integrated market. In course of time the trade contributed to an undoubted increase in the absolute volume of India's exports and imports, stimulated Indian participation in overseas commerce and induced some positive developments in the manufacturing section of the economy and affected the fortunes of the Indian merchants in different ways by the patterns of competition and collaboration with the traders from abroad. The book is a comprehensive interpretation to the aforesaid facts of the economic history of Mughal India, the focus here is on the internal trade, foreign trade, transport and communication, seaports and shipping, commercial items and in the focus which affected the course of economic life in the greater part of the territory.
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