Analyse the role of merchants and the industrialists in the Civil Disobedience Movement.
DELHI - SET 1 2010
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Role of merchants and the industrialists in the Civil Disobedience Movement-
- Merchants reacted against colonial policies that restricted business activities.
- They wanted protection against imports of foreign goods.
- They wanted rupee-sterling foreign exchange ratio that would discourage imports.
- Industrialists formed the Indian Industrial and Commercial Congress in 1920.
- They formed the Federation of the Indian Chamber of Commerce and Industries (FICCI) in 1927.
- They refused to sell or buy imported goods.
- They gave financial assistance and supported the Civil Disobedience Movement.
- They attacked colonial control over the Indian economy.
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