Key Notes Chapter - 03 History Ruling the Countryside On 12 August 1765, the Mughal emperor appointed the East India Company as the Diwan of Bengal As Diwan, the company became the chief financial administrator of the territory under its control. The company came to colonise the countryside, organize revenue resources, redefine the rights of people and produce the crops it wanted. Revenue for the Company: 1) The company gad become the Diwan, but still saw itself primarily as a trader. Before 1865, the company purchased goods in India by importing gold and silver from Britain. Now the revenue collected in Bengal could financial the purchase of goods for exports. (iii) Bengal economy was facing a deep crisis. (iv) In 1770, a terrible famine killed ten million people in Bengal. Tho Need to Improve Agriculture:
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