How did the English East India Company Secure trading rights in bengal...
Introduction
The English East India Company was established in 1600 with the aim of trading with India. In the early years, the Company established trading posts along the coast of India, but the acquisition of Bengal in 1757 marked a turning point in its fortunes. The Company's acquisition of Bengal was a result of a combination of factors, including military conquest, political alliances, and economic policies.
Military Conquest
One of the main factors that enabled the English East India Company to secure trading rights in Bengal was military conquest. In 1756, the Nawab of Bengal, Siraj-ud-Daula, attacked the Company's trading post in Calcutta and captured it. The Company responded by sending a military force led by Robert Clive to retake the city. In the Battle of Plassey, which was fought on 23 June 1757, the Company's forces defeated Siraj-ud-Daula's army and took control of Bengal.
Political Alliances
Another factor that enabled the English East India Company to secure trading rights in Bengal was political alliances. After the Battle of Plassey, the Company installed Mir Jafar as the new Nawab of Bengal. Mir Jafar was a former ally of Siraj-ud-Daula and was willing to collaborate with the Company in exchange for the Nawabship of Bengal. The Company also formed alliances with other local rulers, such as the Nawab of Awadh, who provided military support to the Company in exchange for economic benefits.
Economic Policies
The English East India Company also implemented a range of economic policies that enabled it to secure trading rights in Bengal. One of these policies was the imposition of a system of revenue collection known as the Permanent Settlement. Under this system, the Company granted land rights to local landlords in exchange for a fixed annual payment. This policy enabled the Company to establish a stable source of revenue and to exert greater control over the local economy.
Conclusion
In conclusion, the English East India Company was able to secure trading rights in Bengal through a combination of military conquest, political alliances, and economic policies. The Company's acquisition of Bengal marked a turning point in its fortunes and paved the way for its eventual domination of India. However, the Company's rule was marked by exploitation, oppression, and violence, and it ultimately led to the downfall of the Mughal Empire and the colonization of India by the British.
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