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How did the Diwani benefit the East india company
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How did the Diwani benefit the East india company Related: Short & Lo...
The assumption of Diwani benefitted the East India Company in the following ways:-
 (1) It allowed the Company to use massive revenue resources of Bengal.
(2)the company used the revenue of Bengal to finance the export of Indian goods.
(3)The East India Company also dominates trade and began to do direact booty of wealth of India
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How did the Diwani benefit the East india company Related: Short & Lo...
Diwani and its benefits to the East India Company
The Diwani system was implemented by the East India Company in India after the Battle of Buxar in 1764, which gave them the right to collect revenue from Bengal, Bihar, and Orissa. This system had several benefits for the East India Company:

1. Revenue Collection
- The Diwani allowed the East India Company to directly collect revenue from these regions, giving them a significant source of income.
- This revenue helped the company to finance its military and administrative activities in India.

2. Control over Economic Resources
- By gaining control over revenue collection, the East India Company also gained control over economic resources in these regions.
- This control enabled the company to strengthen its economic dominance and influence in India.

3. Political Power
- The Diwani system gave the East India Company considerable political power in the regions where it was implemented.
- This power allowed the company to influence local politics and establish its authority over the native rulers.

4. Expansion of Territories
- The revenue generated through the Diwani system played a crucial role in the East India Company's territorial expansion in India.
- It helped the company to finance military campaigns and annex more territories under its control.
In conclusion, the Diwani system was instrumental in consolidating the East India Company's power and influence in India. It not only provided a steady source of revenue but also helped the company expand its territories and strengthen its political and economic position in the region.
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How did the Diwani benefit the East india company Related: Short & Long Answer Question - From Trade to Territory?
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