Why did East India company incure financial burden during welleslys regime
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bcoz of battle thirstliness of lord Wellesley the company incur a lot of financial burden
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The East India Company incurred financial burden during Wellesley’s regime due to the latter’s battle thirstiness.
Explanation:
- Wellesley's regime was full of battles, in other words, there were a number of wars that have been fought during his tenure in India. Extra expenses came from wars like Anglo Mysore, with Marathas, the battle of Buxar. This costs the company a huge amount.
- Another factor that became an additional factor to this was the famine of Bengal, which caused a huge deficit in terms of revenue collection. This led to financial instability thus to get rid of its subsidiary policy was introduced.
Learn more about Wellesley
The first state which was brought under Wellesley’s Subsidiary System in 1798 was
(a) Oudh
(b) Tanjore
(c) Surat
(d) Hyderabad
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What were the terms of wellesley's subsidiary alliances
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