Interview, Free IAS This led to the oppression of the cultivators at the hands of the company and Zamindars. Indian goods were purchased by the British with money acquired in India and these goods were further exported out of India. Exam Pattern, GPSC Exam Notification, UPSC The disruption of the traditional Indian economy and its subordination to the British economy affected the lives of millions of Indians. MCQs, Public The causes are responsible for this rebellion range from social, religious, administrative, political to economic factors. Let s discuss all the economic factors of colonial rule which ultimately led to the revolt of 1857 which shook the roots of British Raj in India. Details, IES Answer Key Writing Practice for UPSC Mains, IAS Toppers Enginners Zone, Practice UPSC Previous Years' Prelims Paper. Answer Key, UKPSC The peasantry were never really to recover from the disabilities imposed by the new and a highly unpopular revenue settlement. 20. The influx of cheap machine-made goods from Britain made the products of Indian artisans uneconomical. Classes, Engineering Career Course by Toppers Answer Booklets, How Class XI NEET The first expression of organised resistance was the Revolt of 1857. Other general causes of revolt were the British land revenue policies and the systems of law and administration. So the peasants were forced to grow these commercial cash crops instead of food crops which led to several famines. Materials, Answer Mechanical Prep Strategy, IES 2014-2019, Economic Causes. JE Exam Pattern and Syllabus, RRB JE Result and Cut The European juries allowed European criminals with little or no punishment. The revolt of 1857 also known as the Sepoy Mutiny, the Great Rebellion and India s first war of independence was the result of colonial policies of the British Raj and prolonged resentment of different sections of Indian society such as Sepoys, Zamindars, Peasants, Artisans against discriminatory British policies. Course, Success Point IAS PSC, Chhattisgarh Historians have identified diverse political, economic, military, religious and social causes of the Indian Rebellion of 1857. Thus, the balance of trade became lop-sided in favor of Britain gradually. 2019, NEET Eligibility Success Point IAS Academy, Ankit Bansal - Electrical Prep Strategy, GATE Unpopular revenue settlement 1. At the time of the establishment of the East India Company, the economic condition of India was much better given that it had a trade surplus with most of its trading partners. Class XII JEE Main + Advanced XII NEET Therefore, only agricultural raw materials and other non-manufactured goods were exported from India. The Revolt of 1857, also regarded as India's First War of Independence is an extremely important event of Indian history. They one by one became victims of British expansionism 4… … Class XI NEET PCS, APPSC 3. - Exam Pattern & Syllabus, HPSC Tutorial (RRB), UPSC RPSC / RAS, Jharkhand – Civil Engineering Course by Engineers Zone, GATE British rule had adversely affected the interest of almost all sections of society and severely affected the way of life in India. Class XII JEE Main + Advanced It played a major role in the uprising of 1857. Many causes led to the outbreak of Revolt 1857. Prelims 2020 Answer Key & Cut Off, JKPSC The Company interfered in the internal matters of Indian States and followed the policy of divide and rule. Also due to the annexation of Indian states by the East India Company, the major source of patronage of the artisans was cut off, causing their destitution and impoverishment. 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