Why did east India company financial burdes during Wellesley regime
Answers
The East India Company (EIC), also known as the Honourable East India Company (HEIC) or the British East India Company and informally as John Company,[2] Company Bahadur,[3] or simply The Company, was an English and later British joint-stock company.[4] It was formed to trade in the Indian Ocean region, initially with Mughal India and the East Indies (Maritime Southeast Asia), and later with Qing China. The company ended up seizing control over large parts of the Indian subcontinent, colonised parts of Southeast Asia, and colonised Hong Kong after a war with Qing China.
During the Wellesley Regime, there were many initiatives, preceded by the British to exploit the Indian, in which Lord Wellesley's Subsidiary Coalition was one of them.
Explanation:
- East India Company was very clever and by this filthy treachery, it was spoiling the Indian riches. Lapse's ideology was also one of the measures that captured Jhansi City.
- In the year 1764, the British battled the Battle of Buxar, culminating in very financial instability, in order to avoid them and to allow them to satisfy, they initiated a strategy by the name of a subordinate coalition given by Lord Wellesley in 1798.
- Hyderabad, Gwalior, (near Jhansi), Jaipur, Jodhpur, etc. were captured by the Subsidiary Alliance.
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