The East India Company Revenue Collection Policy
PremiumWhat was the East India Company s policy regarding revenue collection Edmund Burke - was an Irish statesman and philosopher He is best known for his eloquence and strong stance on colonial policies In his December speech Burke outlined the East India Company s revenue collection policy in India In his speech the orator criticized its methods and implications Land Revenue Systems The East India Company imposed rigid land revenue systems heavily burdening the local population Burke highlighted that the whole system of their polity is corrupted by this practice of drawing revenue from the oppression of the people This practice disrupted traditional agrarian practices and imposed high taxes on farmers leading to widespread poverty and distress Excessive Taxation Burke criticized the company's excessive taxation policies prioritizing revenue generation over the welfare of the people He pointed out that public revenues are managed solely for the profit of individuals The