Introduction Gandhi believed that God is the owner of all wealth and the material universe. According to him, wealth does not 'belong' to the man; rather, he is the person charged with managing riches for the sake of society - a 'trustee.' And only by sharing his money with others who are less fortunate can a man genuinely contribute to the community. According to Gandhi, an economy based on social justice promotes the benefit of everyone, even the weakest, and is hence requi

The Sanyasi Rebellion, 1763-1800 In the second half of the eighteenth century, the East India Company's official correspondence repeatedly mentioned the invasion of tribal sanyasis and fakirs, primarily in northern Bengal. Even prior to the Bengal famine (1770), small groups of Hindu and Muslim holy men travelled from location to location, launching surprise attacks on food storage facilities, the property of local affluent men, and government officials. Sanyasi and fakir gro

Background The company's licences expired in 1780, but this occurred during the American Revolutionary War crisis, postponing a British government decision until 1784. Due to King George III's influence, Charles James Fox proposed a bold effort to shift power from British India to seven commissioners, but it was rebuffed in the House of Lords. However, the next year, the youngest Prime Minister William Pitt's proposed an India Act of 1784 to resolve the situation. Key Feature

History and Background The Act was the British Parliament's statute of governing control of Indian Colonies of British East India Company. ( Mostly in Bengal ) It was the British government's first action in the company's territorial affairs and the start of a takeover process that would last until 1858. The Regulating Act was established in response to the company's mismanagement of its Bengal holdings, which was brought to a head by the possibility of collapse and the compa