Why did east India company incur financial burden during Wellesley 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.
Lord Wellesley was a British and Irish politician as well as a colonial administrator. He became the Governor General of India in 1798. He wanted to bring as many states under the British rule. He introduced the doctrine of Subsidiary Alliance by which a state loses its independence and integrity and directly comes under the control of the East India Company. He also carried out outright wars against various Indian states due to which the East India Company incurred financial burden during the tenure of Lord Wellesley.