Question

Write a short note on the hardship faced by the famers in Bengal under company rules

Answer 1

Answer:

$\huge\red\boxed{ANSWER}$

Explanation:

Under the company rule, the farmers had to face adversities and losses. Along with the farmers, the state also witnessed a financial downfall.

• The British had arrived in India as traders, and started their political control from Bengal.

• Bengal was the most fertile and prosperous land in India.  East India Company, benefited massively from trading in the State.

• The East India Company began purchasing cotton and silk at a cheap rate by importing gold and silver from Britain.

• in five years they doubled the price of the commodities they bought and used the money for export.

• There were barriers to the revenue generation scheme, the first of which were excluded from zamindar status was Zamindar's who could not pay.

• Also, Zamindar's lost interest in paying greater attention to their land.

• Under the Mahalwari Settlement, the amount of revenue was also not fixed,  which further put a pressure on the farmers.

→ The Economy of India under Company rule describes the economy of those regions (contemporaneously British India) that fell under Company rule in India during the years 1757 to 1858. The British East India Company began ruling parts of the Indian subcontinent beginning with the Battle of Plassey, which led to the conquest of Bengal Subah and the founding of the Bengal Presidency, before the Company expanded across most of the subcontinent up until the Indian Rebellion of 1857.