How did East India Company benefit from the Diwani rights?
Answers
Based on the terms of the agreement, Alam granted the East India Company Diwani rights, or the right to collect taxes on behalf of the Emperor from the eastern province of Bengal-Bihar-Orissa. These rights allowed the Company to collect revenue directly from the people of Bengal, Bihar and Orissa.
Answer:
Based on the terms of the agreement, Alam granted the East India Company Diwani rights, or the right to collect taxes on behalf of the Emperor from the eastern province of Bengal-Bihar-Orissa. These rights allowed the Company to collect revenue directly from the people of Bengal, Bihar and Orissa. So they don't have to buy the Indian goods by importing gold and silver from their country. They can now collect revenue from Bengal and buy goods.