What was the nature of English rule in India?

Edmund Burke (1729-1797) is an Irish statesman and philosopher. He is well-known for his profound thoughts on politics, society, and governance. In his “Speech on East India Bill” on December 1, 1783, Burke discussed the critical nature of British rule in India.

Monopoly and Power Abuse: The East India Company's monopoly over Indian commerce and administration was extensive. Burke emphasized the company's significant control by saying: 

I admit their claim to administer an annual territorial revenue of seven millions sterling; to command an army of sixty thousand men.

This monopoly led to abuses of power, as the company's administration often acted in its own interests rather than those of the Indian people.

Mismanagement and Exploitation: Burke highlighted the gross mismanagement and exploitation under the company's rule. The company’s administration exploited India’s resources and people. This also leads them to widespread suffering and injustice.