Discuss about the economic exploitation caused by the great rising of 1857. -SST 10th

1 Answer

Answer :

  Economic Exploitation: Firstly, the economic drain from India increased on account of salaries and allowances given to Secretary of State for India and his fifteen members of Indian Council. The military and civil administration expenditure were paid from revenue of India. Secondly, India was turned into a colonial economy exporting raw materials like indigo, cotton, spices, etc., and importing British goods. Thirdly, the British invested their capital in plantations, jute mills, railways, shipping, etc., and: drained away the profits to England.

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