why did the east india company incur the financial burden during wellesly's
Answers
bcoz of war thirstliness of Lord Wellesley the company incur the financial burden during his period
The English East India Company endeavored monetary stability for much exceptional than the end. The Company successfully fought the battle of Buxar in the year 1764 and obtains the lordship of Bengal, immediately succeeding itself the inadequacy of qualified administrators. Various battles of the company were the efforts to balance the financial condition of the company.
Though the company collected revenue forcefully it could not meet the demand for money. The harsh measures of the company resulted in the Bengal famine; that took the lives of around 7–10 million people. All these events led the British Crown to take the authority of direct rule in the year 1858. Thereon, the British government adopted the same measures of revenue collection as the Mughal Empire executed. However, during the time of Wellesley, all the methods failed that could raise the income of the company