why did east india company incur financial burden during wellesley's regime
Answers
East India company was very brilliant and it spoiled the Indian wealth by such an disgusting treachery.
There were many Policy, Britishers have followed to spoil the Indian, in which Subsidiary alliance by Lord Wellesley was one of them.
Doctrine of Lapse was also one of the policy by which City of Jhansi was seized.
Correct Reason ⇒ We know, In the year 1764, Britishers have fought the Battle of Buxur, thus there were very financial unstability, so to avoid them and make them fulfill they started a policy by the name of subsidiary alliance which was issued by the Lord Wellesley in 1798.
By the Subsidiary alliance, Hyderabad, Gwalior, (near Jhansi) , Jaipur, Jodhpur, etc was seized.
Hope it helps.
Answer:
East India Company incur financial burden during Wellesley’s regime due to the battle thirstiness
Explanation:
Turning this regime, the Indian company underwent multiple challenges that saw it incur more expenses in its operations, for instance, during the periods of wars the battle led to enormous costs that the company had to cover. There was a massive deficit in revenues, and the Company had to go through a severe money crunch that made it financially bankrupt, thus carrying the financial burden for a long period.