Explanation on the policy of ring fence
Answers
A ring-fence is a virtual barrier that segregates a portion of an individual's or company's financial assets from the rest. This may be done to reserve money for a specific purpose, to reduce taxes on the individual or company, or to protect the assets from losses incurred by riskier operations.
Answer:
During this period, the British, as Lee-Warner says, endeavoured as far as possible to live within a Ring Fence, and beyond that they avoided intercourse with the chiefs as the English Company was not yet strong enough to interfere in the internal affairs of the Indian states. More specifically the English Company neither had the strength nor the resources to defeat the Indian states. It was in fact only one of the important powers in India; the Marathas, the Nizams, the French, etc. being the other powers. Warren Hastings, confronted with the task of safeguarding British territories against the encroachments of the Maratha and the militant rulers of Mysore, generally followed the policy of a Ring- Fence.