Tag Archives | Economic Impact

Economic Impact of the British Rule in India | Indian History

In this article we will discuss about:- 1. Disruption of the Traditional Economy 2. Ruin of Artisans and Craftsmen 3. Impoverishment of the Peasantry 4. Ruin of Old Zamindars and Rise of New Landlordism 5. Stagnation and Deterioration of Agriculture 6. Development of Modern Industries 7. Poverty and Famines. Contents: Disruption of the Traditional Economy Ruin of Artisans and Craftsmen [...]

By Monica Roy|2016-08-24T08:21:56+05:30August 24, 2016|British India|Comments Off

Economic Impact of Early British Rule on Indian Trade

Read this article to learn about the economic impact of early British rule on Indian trade. Private Trade: In 1656 Prince Shuja-ud-din, nawab of Bengal, granted the East India Company exemption from payment of the usual customs duty of 2½ % per cent in return for a consolidated payment of Rs.3,000. Murshid Quli Jafar Khan when Governor of Bengal refused [...]

By Mahesh Shantaram|2015-09-01T18:22:35+05:30August 31, 2015|British India|Comments Off