The battle of buxar 1764 proved …

Ans.

• The Battle of Buxar (1764) gave the Company access to the revenues of the subas of Bengal, Bihar and Orissa and a subsequent edge in the contest for paramountcy in Hindustan.
• After Buxar, the Company tried to introduce a measure of regulation, putting the private traders under some pressure.
• At the same time, there was the flagrant use of political power by the Company to eliminate rival European competition and this was especially evident in the textile trade.
• Weavers and artisans came under greater control – forced to produce exclusively for the Company that enforced a monopsony on textile production.
• This was a decisive battle as it signaled the military superiority of the English army and subsequently inducted the Company as an actual revenue claimant in the political system.