How did assumptions of Diwani benefit the East India Company?
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the assumption of diwani allowed the company to use vast resources of bengal and use them for their purchases and for building forts and as british expenses in india. the outflow of gold from britain slowed down after the assumption of diwani
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- It allowed the Company to use massive revenue resources of Bengal.
- the company used the revenue of Bengal to finance the export of Indian goods.
- The East India Company also dominates trade and began to do steal wealth of India
- this solved a major problem the company faced earlier.
- It helps them to maintain troops, and build the company fort and offices at Calcutta
- the revenue from India could finance company expenses and no need to bring something from Britan
- the company could get silk textiles and other useful products of India that had a great demand in Europe
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