What were the steps taken by East India company to establish their rule in India
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The English east India company was founded in 1600, The company became a symbolic of British control over India, and created trading centres in surat, Bengal, Bihar, Orissa and later engaged in political occupation.
a. The Company after eliminating rival companies established monopoly over trade in India and were granted exclusive farman to trade in India.
b. Battle of Plassey and Battle of Buxor brought about major victories for the Company and appointed company as the Diwan which enabled it use revenue fro Bengal to finance its trade.
c. The British followed number of policies that enabled them to gain firm foothold in the country, like Subsidiary alliance,doctrine of lapse which helped in expanding its influence.
d. The wars with the Marathas, with Tipu sultan enabled the company to establish complete control over southern territories.
However , after the revolt of 1857, The British Parliament Act of 1858 was passed that transferred powers from the East India Company to the British Crown, with authority over India to be wielded by the Secretary of State who is to be aided by a Council. The Governor General was now given the title of Viceroy or Crown's representative. Thus, this resulted in the end of authority by the East Indian company.
Regards
Roshan Patel
a. The Company after eliminating rival companies established monopoly over trade in India and were granted exclusive farman to trade in India.
b. Battle of Plassey and Battle of Buxor brought about major victories for the Company and appointed company as the Diwan which enabled it use revenue fro Bengal to finance its trade.
c. The British followed number of policies that enabled them to gain firm foothold in the country, like Subsidiary alliance,doctrine of lapse which helped in expanding its influence.
d. The wars with the Marathas, with Tipu sultan enabled the company to establish complete control over southern territories.
However , after the revolt of 1857, The British Parliament Act of 1858 was passed that transferred powers from the East India Company to the British Crown, with authority over India to be wielded by the Secretary of State who is to be aided by a Council. The Governor General was now given the title of Viceroy or Crown's representative. Thus, this resulted in the end of authority by the East Indian company.
Regards
Roshan Patel
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