According to some scholars, the conversion of mercantilist policy into Laissez Faire proved an important factor. But according to other scholars, the colonization of Asia, […]

INTRODUCTION The development of modern Europe between the 1780s and 1849 was an unprecedented economic transformation that embraced the first stages of the great Industrial […]

first step taken by the British Government to control and regulate the affairs of the East India Company in India (laid the foundations of central […]

 To rectify the defects of the Regulating Act of 1773, the British Parliament passed the Amending Act of 1781, also known as the Act of […]

Indian affairs came under direct control of the British Government in Britain. Distinguished between the commercial and political functions of the Company. Allowed the Court […]

Lord Cornwallis was appointed as the Governor-General of Bengal. He placed two demands to accept that post, viz., He should be given power to override […]

It extended the overriding power given to Lord Cornwallis over his council, to all future Governor-Generals and Governors of Presidencies.  It gave the Governor-General more […]

It ended the monopoly of the EIC in India  except the company’s monopoly in “trade with China” and “trade in tea with India”. Thus, trade […]

Final step towards Centralization.  Governor General of Bengal became the Governor General of India (Lord William Bentinck was the   first governor-general of India). The […]

Separated the legislative and executive functions of the Governor General’s council. (Separation of powers) Provided for addition of six new members called legislative councilors to […]