ECONOMIC EXPLOITATION OF INDIA

Economic exploitation of the country was an inevitable situation after the Revolt. In words of Majumdar, "the extinction of the East India Company's Rule brought in grave economic perils to India. India now became a dumping ground of British manufacturers and an almost inexhaustible field for investment of capital for it offered unlimited scope for commercial and industrial enterprises like railways, steamers, tea, and coffee plantations etc". The British henceforth started abusing political power for the enhancement of their commercial and economic interest.