CHAPTER 3

Indian Economy during the British Regime (1761 to 1947)

The English East India Company established its supremacy in Bengal in 1757, and it was a century later, in 1858, when the Crown took over the administration of India. Subsequently, British Crown rule over India lasted 90 years, from 1858 to 1947.

Advent of the British (1600 to 1740): Encyclopedia Britannica in its narrative has provided a very lucid description of the period between 1600 to 1740 and we are tempted to use their narrative in detail for this section. It has stated that “the English expedition to India was entrusted to the (English) East India Company, which received its monopoly rights of trade in 1600. The company included a group of London merchants attracted by ...

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