Question

What were the economic causes for the revolt of 1857?

Answer 1

Hint:
> The uprising of 1857 is also called 'Sepoy Mutiny,' 'Great Revolution' and First War of Independence.'
> This rebellion is a milestone in the history of pre-independent, early colonial India.
> It was an extremely significant occurrence in Indian history.

Complete answer:
Revolt of 1857: It was a long time of independence struggle against British colonial tyranny. The rebellion started on May 10, 1857, Meerut. It was launched by sepoys against British officers during the Bengal Presidency. This war of independence was the end of the British East India Company's rule.

The economic causes for the revolt of 1857 were:

Economic factors have played a crucial role in the conflict, as it has impacted a wide section of society. There have been numerous reforms and tax policies that have had a significant effect on the peasants. The British rule contributed to the failure of the commercialization of agriculture, which burdened the peasantry. The British Government has imposed 'pocket area transformation' which means the establishment of permanent settlements in Bengal, Mahalwari settlements in Central India and Ryotwari settlements in Southern India. These agreements have been particularly exploitative.

The peasants also suffered because of the high demand for income and the strict policy of collecting income. These high rates of land income have destroyed the prospects of Indian peasantry. The introduction of free trade imperialism in the 1800s, deindustrialization and the draining of capital, both of these factors contributed to the overall deterioration of the economy.

Note:
> As a result of British economic exploitation, all classes of Indian citizens, peasants, landlords, industrialists, workers and the middle class were seriously affected.
> It is no exaggeration to say that unlimited property has engulfed the entire society and has made India an underdeveloped nation.
> The rebellion of 1857 shook the foundation of the British East India Company and exposed its inefficiency in managing the Indian government.