Tag Archives | Economic Impact of Early British Rule

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 [...]