Diwan-e-Riyasat for Market Control
The office of 'Diwan-e-Riyasat' was a significant administrative measure introduced primarily for the regulation and control of markets.
This position was established during the reign of Sultan Ala-ud-Din Khalji.
Ala-ud-Din Khalji's Market Reforms
Ala-ud-Din Khalji implemented several administrative and economic reforms to strengthen his empire. A key aspect was controlling market prices and ensuring the availability of essential goods.
- To oversee these market regulations, he appointed officials like the Diwan-e-Riyasat (Minister of Commerce/Market).
- This minister was responsible for managing the markets, fixing prices (the \( \text{Rate of Goods} \)), and checking weights and measures.
- The primary aim was to curb hoarding and profiteering, ensuring goods were available at reasonable prices for the common people and the army.
Therefore, the Diwan-e-Riyasat was appointed during the reign of Ala-ud-Din Khalji as part of his market control strategy.
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