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What were the impacts of the transfer of power from East India Company to the Crown?

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Question

What were the impacts of the transfer of power from East India Company to the Crown?

Answer in Brief
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Solution

  1. After the transfer of power to the Crown.
  2. De-industrialisation led to massive unemployment workers were forced out of the land.
  3. Heavy taxation mined agriculture.
  4. Famine deaths increased.
  5. Peasants were forced to pay revenue directly to the Government.
  6. The mortgaged land of the defaulters was auctioned by the moneylenders.
  7. Peasants were trapped in the vicious cycle of debt and forced to abandon cultivation.
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Introduction of Anti-Colonial Movements and the Birth of Nationalism
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