History, asked by surajnp27, 11 months ago

Why did east Indian company incur financial burden during Wellesley regime

Answers

Answered by saleemmullanimdy
12

Because lord wellesly defeated the armies of various marathas from 1803 to 1805 this increased financial burden on the company


Shabuddinshabuddin63: Thanks
Answered by aqibkincsem
0

During Wellesley regime, the East India Company incurred unusual financial burden because of some unprecedented events like lingering war with Maratha dynasty, expensive Buxar war, Anglo-Mysore war, etc.

which drained money from the treasury of the companyin a massive way. Simultaneously, the Famine of Bengal caused great deficit in revenue collection of the company which also caused financial burden for theBritish rulers.

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