Explain how the Bengal economy landed up in a crisis under the Diwani of the Company.
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Under the Diwani of the Company, the artisans began deserting the villages because they were forced to sell their goods at abysmally low prices. Also, the peasants were unable to pay the dues being demanded by the Company administration which was obsessed with increasing its own income.
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Under the Diwani of the Company, the artisans began deserting the villages because they were forced to sell their goods at abysmally low prices. This further increased the pressure on the Bengal economy which was already reeling under the inefficient rule of the Company.
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