History, asked by saivaibhavtamiri, 1 year ago

Did diwani of bengal even wally double the revenue of the company how did the effect of the farmers and traders of india

Answers

Answered by gratefuljarette
0

Answer:

Yes, Diwani of Bengal eventually doubled the revenue of the company.

Explanation:

The East India Company collected taxes from the traders and farmers of the Bengal. The EI Company acquired these rights by defeating the Mughal Empire and Bengal in the Battle of Buxar, which took place in 1765.

Robert Clive was the key reason for acquiring these rights. It was wisely affected the farmers and traders because they doubled the taxes to increase the revenue of the company. They stopped receiving funds from England and used money acquired from Bengal to develop the EIC.

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