Why was regulating act implemented?
Question: Why was regulating act implemented?
The Regulating Act of 1773 was implemented by the British Parliament to reform and streamline the administrative structure of the East India Company in India. It was enacted in response to growing concerns among the British ruling classes over the activities of the East India Company, which had grown in political and economic strength in the Indian subcontinent in the late 17th and early 18th centuries. The Regulating Act created a new government structure in the East India Company, with a Governor-General appointed by the Crown, and forbade the Company from trading in the area. The Act was also meant to limit the power of the Company and preserve the Mughal Empire as a political force in India, as well as ensuring British conquests of Indian territory and resources. Additionally, it sought to prevent abuses committed by Company officials in the administration of Indian affairs, and create a fair balance of power between Britain and India.
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