How did the assumption of Diwani benefit the East India Company?

Benefits of Diwani Assumption:
1. Revenue Collection Authority: Granted the Company the right to collect revenue, ensuring direct control over revenue collection previously held by the Bengal Nawabs.

2. Economic Control: Enabled the Company to manage Bengal’s economic affairs, regulate trade, and control taxation, strengthening their economic influence.

3. Administrative Power: Provided administrative authority, allowing the Company to influence governance, judicial matters, and policy-making in Bengal.

4. Financial Prosperity: Direct revenue collection contributed to the Company’s financial stability, enhancing their economic dominance in the region.

The assumption of Diwani bolstered the East India Company’s economic and administrative control in Bengal, significantly amplifying their influence and financial strength.