when did the british government take over the reign of india from the east india company
East India Company By 1803, at the height of its rule in India, the British East India company had a private army of about 260,000—twice the size of the British Army, with Indian revenues of £13,464,561, and expenses of £14,017,473.[7][8] The company eventually came to rule large areas of India with its private armies, exercising military power and assuming administrative functions.[9] Company rule in India effectively began in 1757 and lasted until 1858, when, following the Indian Rebellion of 1857, the Government of India Act 1858 led to the British Crown's assuming direct control of the Indian subcontinent in the form of the new British Raj.
Indian independence movement On 3 June 1947, Viscount Louis Mountbatten, the last British Governor-General of India, announced the partitioning of British India into India and Pakistan. With the speedy passage through the British Parliament of the Indian Independence Act 1947, at 11:57 on 14 August 1947 Pakistan was declared a separate nation, and at 12:02, just after midnight, on 15 August 1947, India also became a sovereign and democratic nation. Eventually, 15 August became the Independence Day for India, due to the ending of British rule over India. On that 15 August, both Pakistan and India had the right to remain in or remove themselves from the British Commonwealth. In 1949, India decided to remain in the commonwealth.
Nawabs of Bengal and Murshidabad The break-up of the centralised Mughal empire by 1750, led to the creation of numerous semi-independent kingdoms (all provinces of the former Mughal empire). Nawab Siraj ud-Daulah was defeated by the British forces of Sir Robert Clive in the Battle of Plassey in 1757.[44] Thereafter the Nawab of Bengal became a "puppet ruler" depending on military support from British East India company to secure their throne.[44] Siraj-ud-Daulah was replaced by Mir Jaffer. He was personally led to the throne by Robert Clive, after triumph of the British in the battle.[44] He briefly tried to re-assert his power by allying with the Dutch, but this plan was ended by the Battle of Chinsurah. After the defeat at Battle of Buxar and grant of the Diwani (revenue collection) of Bengal by the then Mughal Emperor Shah Alam II, to the British East India Company in August 1765 and the appointment of Warren Hastings by the East India Company as their first Governor General of Bengal in 1773, the Nawabs authority became restricted. By 1773, British East India company asserted much authority and formed the Bengal Presidency over areas ruled by the Nawabs i.e. the Bengal subah, along with some other regions and abolished the system of Dual Government. In 1793 (during Nawab Mubarak ud-Daulah's reign), the Nizamat (military power, civil and criminal justice) was abolished, British East India company thus annexed this former Mughal province as part of their empire and took complete control of the region, and the Nawabs of Bengal became mere pensioners of the British East India Company. All the Diwan offices except the Diwan Ton were also abolished.[38][39][52]
Company rule in India The East India Company was a private company owned by stockholders and reporting to a board of directors in London. Originally formed as a monopoly on trade, it increasingly took on governmental powers with its own army and judiciary. It seldom turned a profit, as employees diverted funds into their own pockets. The British government had little control, and there was increasing anger at the corruption and irresponsibility of Company officials or "nabobs" who made vast fortunes in a few years.[8] Pitt's India Act of 1784 gave the British government effective control of the private company for the first time. The new policies were designed for an elite civil service career that minimized temptations for corruption.[9] Increasingly Company officials lived in separate compounds according to British standards. The Company's rule lasted until 1858, when, after the Indian rebellion of 1857, it was abolished. With the Government of India Act 1858, the British government assumed the task of directly administering India in the new British Raj.