Why did the British come to India? тАУ
Know when and why did the British come to India for the first time? тАУ
India gained independence on 15 August. This day is celebrated as an important day in Indian history. Here we are providing details about Indian history, from which you can know that the British colonization of India started on this day in history.
Like every year, on August 15, the Prime Minister of India will unfurl the tricolor from the Red Fort in Old Delhi, and on this day citizens pay tribute to all the great leaders who fought valiantly for IndiaтАЩs independence in the past. A national holiday, which means all government offices, post offices, banks, and stores will be closed.
Before independence, India was a British colony. During that time our people have suffered a lot and have sacrificed their lives for the country. Let us know when and why the British came to India for the first time.
The East India Company was established in India in 1600. With the establishment of this company, the British started marching into India. As a result, India has become the most important trading center of European countries, and it is very important to establish a monopoly on the spice trade in European countries. Ambition continued to grow, leading to several naval battles.
How was the British East Company formed? тАУ
In 1600 BC, the British Joint Stock Company, commonly known as the East India Company, was founded by John Watts and George White. This company was responsible for doing business with South and South-East Asian countries. Initially, the shareholders of the Stock Company were mainly British merchants and aristocrats, and the East India Company had no direct relationship with the British government.
The arrival of the British in the Indian тАУ
Subcontinent The British arrived at IndiaтАЩs Surat port for trade on August 24, 1608, but 7 years later, under the leadership of Sir Thomas Roe (James IтАЩs ambassador), the British arrived. The British received a royal decree to set up a factory at Surat. Soon after, the East India Company was forced to set up its second factory at Madras. One such royal decree was obtained from the Vijayanagara Empire.
The British gradually drove other European trading companies out of India and expanded their trading institutions. The British established several trading centers on the eastern and western coasts of India and spread British culture around Calcutta, Bombay, and Madras. The British mainly traded in silk, indigo, cotton, tea, and opium.
How and why did a British company monopolize Indian power? тАУ
During the trade, the British saw that India was very disturbed socially, politically, and economically and there was a huge division among the people. Seeing this partition, Frejo started thinking about how to rule India.
By the 1750s, the East India Company had become involved in Indian politics. The East India Company, led by Robert Clive, won the Battle of Plassey in 1757 by defeating Siraj-ud-Daulah, the Nawab of Bengal. Thus the rule of the East India Company was established in India.
Eventually, the East India CompanyтАЩs rule in India ended in 1858, after the First Independence Movement of 1857 or the Revolution of 1857, and with the departure of the East India Company from India, the British Crown gained direct control of India, which is known as Raj.
How much money did the British take away from India in 200 years? Surprise is тАУ
It has been more than 70 years since India got independence and it got freedom after 200 years of slavery, Britain plundered India a lot in these 200 years and occupied IndiaтАЩs billions of wealth, but have you ever seen its size? Have you guessed that GodтАЩs property is being robbed in 200 yearsтАж
You must have heard that India was called Sone ki Chidiya, but after British rule, much of IndiaтАЩs wealth was looted. Although it is very difficult to calculate, the eminent economist Utsa Patnaik named the probable amount of the loot as . from India.
After studying the financial relations between colonial India and Britain, Patnaik wrote an essay in which he noted that, in the end, British rule left India with a significant financial burden. The money stolen from the treasury by the British rulers had a significant impact on the economy.
Famous economist Utsa Patnaik wrote in an essay that the British looted IndiaтАЩs $45 trillion (Rs 3,19,29,75,00,00,000.50) over 200 years.
Let us tell you that this essay of Utsav Patnaik has been published by Columbia University Press. Utsav said that IndiaтАЩs per capita income was Rs 196 in 1900, which increased to Rs 201.9 in 1945.
He said that from 1765 to 1938, the British looted a total of 9.2 trillion pounds, equivalent to 45 trillion dollars. Utsa has written in his essay that the British looted and ruined India, and never took any pride in calling it India.
350 years ago, when the British ruler was given in dowry Mumbai тАУ
Mumbai, the economic center of India, was conquered 350 years ago by the Portuguese ruler, the British ruler Charles. S II was given as a dowry during his marriage to Catherine de Braganza of Portugal. Mumbai was given to the East India Company by Charles II as a wedding gift. It was handed over to him and in return, the Company gave him a loan of ┬г50,000 at an interest rate of 6%. Also, as Mumbai rents from the British ruler, it also has to pay ┬г10 annually.
On 27 March 1668, Charles ceded all ownership of Bombay to the East India Company, agreeing to an annual rent of ┬г10. There was a condition to do so. According to historians, this day, the day Charles decided to move the capital of India to Delhi, is generally considered to be the beginning of the era of urbanization in India.
It took 6 years to claim Mumbai тАУ
According to historians, Braganza and Charles were married on May 31, 1662, but it took them almost 6 years to consolidate their claim to Mumbai, which they received as a dowry, and the dispute between the Portuguese and the Portuguese rulers. British people, who did not decide on dowry in the Mumbai area, yes, how is it really?
There was a situation a dispute regarding many areas тАУ
The map states that some areas, including Thane, were part of Mumbai, but apart from this there were other areas in the conflict where a consensus needs to be formed. There was, and it took six years. On March 27, 1668, Charles I handed over the ownership of Mumbai to the East India Company.
By Chanchal Sailani | September 27, 2022, | Editor at Gurugrah_Blogs.
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