• Rhino1 (edited 5 years ago)
    +4

    The East India Company was a private sector entity, separate from the monarchy. In 1803, at the height of its rule in India, the East India company had Indian revenues of £13,464,561, and expenses of £14,017,473. 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.