The growth and export of commercial crops impoverished India as the funds earned through this, got accumulated in the company's treasury in London. India received no imports in return for her exports of commercial crops.
The commercialisation of agriculture added a fresh element of instability to India's rural economy. The crops were now going to distant markets whose price pattern began to determine the incomes of the cultivators.
It checked the growth of labour market (except in the case of tea, the crops were not produced by hired labour), land market (exploitations associated with the land made it unwanted), input market (peasants had to use their own implements) and credit market (the bonded-labour like condition of the cultivators made them unable to attract credit from other sources).
There was no change in the method and organisation of production as commercial production remained tied to the existing structure of small peasant production.
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