Delhi Sultanate - Monetary System

Monetary System

In the first half of the 14th century, the Sultanate introduced a monetary economy in the provinces (sarkars) and districts (parganas) that had been established and founded a network of market centers, through which the traditional village economies were both exploited and stimulated to be drawn into the wider culture. State revenues remained based on a successful agriculture, which induced Sultan Muhammad bin Tughluq (1325–51) to have village wells dug, to offer seed to the peasants, and to encourage cash crops like sugarcane.

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