Bengal economy was facing a deep crisis. How?
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Answer:
The economy of Bengal faced a deep crises because of the following: Artisans left Bengal as they were being forced by the company to sell their products at cheaper rate. Peasants were unable to pay the heavy dues laid on them. Big famine of 1770 hit Bengal.
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Explanation:
The economy of West Bengal is the sixth-largest state economy in India with ₹10.20 lakh crore (US$150 billion) in gross domestic product.[1] In 2017–18, its public debt stood at ₹3.60 lakh crore (US$52 billion) or 35.36% of GSDP.[4] The state primarily dependent on agriculture and medium-sized industry, although services and heavy industries play an increasingly significant role in the economy of the state.[5]
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