economic causes of first war of Indian independence
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Answer:
Changing economic conditions under colonial rule and growing resentment of people
Colonial rule in India led to the systematic destruction of India s economy due to the selfish and predatory economic policies followed by the British. They adopted mercantilist and protectionist policies to safeguard their own interest while at the same time destroyed the economic life of India by destroying the self-reliant villages of the country and the handicraft and cottage industries which were the backbone of the Indian economy. The British economic policies led to pauperisation of the peasantry and de-industrialisation in India.
Gradually the Indian masses had become aware of the selfish and exploitative character of the East India Company. This was one of the reasons for the anti- British feelings among the Indian public, which manifested itself in the uprising of 1857. Let s discuss all the economic factors of colonial rule which ultimately led to the revolt of 1857 which shook the roots of British Raj in India.
Economic causes of 1857 revolt
Destruction of Agriculture
Permanent Settlement
System Resentment among Zamindars
Heavy Taxation