madedaa.blogg.se

The book also takes a brutally honest look at the communities of traders and bankers who used the hundi system to facilitate the movement of money and revenue. The book talks about the degree to which the company was helped by the Marwari community of traders and bankers, especially the Jagat Seths who were Oswal Jain bankers from Jodhpur state,” adds Dalrymple. The degree to which it was facilitated by the Indian financial class, especially the Marwari bankers of Calcutta and Benares is what enabled it to take over.

“There’s no way a bunch of foreign merchants with no military might could take over India. The narrative reveals that the history of the company was not only a story of conquest it also showcases the dark secrets that people preferred to overlook.