Question

What was the biggest obstacle to profitability for the British East India Company? Was British rule in India a failure or a success?  Why or why not?

Answer 1

British East Indian Company rule in India is event of nearly 200 years period. It started its rule with Battle of Plassey in 1757 and ended its rule in 1947.

East Indian Company had many obstacles in this period. In the beginning it entered as a trading company and then the obstacle was with the local Indian rulers controlling the company. The company didn't have independent power to make profits. But later on with the Battle of Buxar 1764, it got revenue rights. Later on the company had series of obstacles with local freedom fighters. It faced all the rebellions who tried to revolt back the company rule.

British rule was undoubtedly success for Britishers, but failure for Indians. India got looted for nearly 200 years before getting independence. All the wealth has been taken away. Indians paid lots of money as tax. They controlled the revenue, the agricultural production and the trading. Indian goods were purchased at low cost and sold at High rates in Britain. British rule was completely profitable and success for the Britishers, where as a complete failure and loss for the Indians.