Alauddin Khalji was the first Indian ruler to introduce a comprehensive system of market regulations and price controls. His reforms aimed to ensure stable prices of essential commodities, maintain a steady supply of goods, and prevent black-marketing. These measures were introduced mainly to support his massive standing army by providing affordable food and supplies. He set official prices for grains, cloth, slaves, horses, and other goods, and established special markets monitored by state-appointed officers called shahana-i-mandi. Severe punishments were imposed on violators. His system was highly effective and is considered one of the most advanced economic regulations of medieval India.