What important right did the Mughal Emperor, Farrukhsiyar, grant the english east india company?
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Trade concession
In 1717, Farrukhsiyar issued a farman giving the British East India Company the right to reside and trade in the Mughal Empire. They were allowed to trade freely, except for a yearly payment of 3,000 rupees.
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1717, Farrukhsiyar issued a farman giving the British East India Company the right to reside and trade in the Mughal Empire. They were allowed to trade freely, except for a yearly payment of 3,000 rupees.
Died: 19 April 1719 (aged 33); Delhi, Mughal Empire
Born: 20 August 1685; Aurangabad, Mughal Empire
Reign: 11 January 1713 – 28 February 1719
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