Question

what is the system of advances?how did it affect the life of weavers?

Answer 1

• To gain control over the trade and export of Indian industries, English East India Company enforced certain procedures
• The Company tried to eliminate existing brokers and traders connected with cloth trade
• Thus, it established direct control on the weaver
• Gomasthas were appointed to supervises these weavers, collect their supplies, etc
• It prevented the weavers from dealing with other buyers other than Company
• This was done through system of advances
• As soon as the order was placed, weavers were given loans to purchase raw materials for production
• Those weavers who took loans has to hand over the final product to gomasthas and not hand over to any other trader or buyer