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Alauddin's Market Control Reforms
Around 1300, Alauddin Khalji imposed strict market controls and fixed prices in Delhi, establishing the Diwan-i-Riyasat (market department) to regula…
Timeline
- 1300Delhi · DelhiThe sultan established the Diwan-i-Riyasat and market inspectors (shahna), responsible for registering merchants, checking inventories, supervising transport, and setting up state warehouses to smooth grain price fluctuations.
- 1300Delhi · DelhiThe government fixed official prices by decree for grain, meat, cloth, and other necessities, limited merchants' profit margins, and set soldiers' pay as fixed cash allowances, controlling fiscal expenditure while maintaining the large army.
Sources
- The Cambridge Economic History of India, Volume 1 — Tapan Raychaudhuri and Irfan Habib (eds.) (1982)
- Tarikh-i Firuz Shahi — Ziauddin Barani