Denemek ALTIN - Özgür
THE SALT YOU BOUGHT THIS MORNING— AND THE TAX THAT TOPPLED AN EMPIRE
The Business Guardian
|September 30, 2025
Under the East India Company, salt became a lucrative source of revenue.
-
In 1759 (two years after Plassey) the Company seized saltworks near Calcutta, suddenly doubling land rents and transit fees on salt transport. In 1764 Robert Clive monopolized salt (along with tobacco and spices) and forced villagers to buy from Company depots. London officials denounced this as “disgraceful” and in 1768 the salt monopoly was briefly lifted. But within a few years Warren Hastings reimposed control: he handed out salt-farming contracts in 1772 that forced coastal workers (malangas) to sell salt to the government at fixed rates.
A long-running project of the Raj was to maximize salt revenue. From 1788 onward, the Company auctioned salt to wholesalers, ratcheting the tax up to 3.25 rupees per maund (gy37 kg). The wholesale price of salt jumped from 1.25 to nearly 4 rupees per maund - “an exorbitant rate that few could afford”. To choke off smuggling, the British built a customs barrier across India. By the 1840s a 2,500-mile “salt hedge” of thorn bushes and walls stretched from the Indus to the Ganges delta. Nearly 12,000 guards patrolled it, stopping anyone carrying salt between provinces. By mid-century salt yielded about 10 % of India’s revenues. In 1880 alone, about 7 million (pounds) came from salt.
The pressure eased only slightly by late century. In 1878 the British imposed a uniform salt tax across India. Where Bombay and Madras had paid only 1 rupee 13 annas per maund, the tax jumped to 2 rupees 8 annas; Bengal and Assam saw it cut from 3 rupees 4 annas down to 2 rupees 14 annas. Salt possession became a state monopoly: Indians could legally make or carry salt only under
and a half percent of his income) in salt tax for 49 lbs of salt. In effect, a poor family could not afford all the salt it needed without going into debt.
Bu hikaye The Business Guardian dergisinin September 30, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
Zaten abone misiniz? Oturum aç
The Business Guardian'den DAHA FAZLA HİKAYE
The Business Guardian
THE SALT YOU BOUGHT THIS MORNING— AND THE TAX THAT TOPPLED AN EMPIRE
Under the East India Company, salt became a lucrative source of revenue.
4 mins
September 30, 2025

The Business Guardian
Last 20 years' data shows states' spending increases post-elections
The last two decades have shown that states' spending usually picks up after elections, with revenue expenditure turning out to be the most prominent driver, according to a report by Emkay Research.
1 mins
September 30, 2025

The Business Guardian
India's multi-domain doctrine and the future of conflict in Asia
Defence Minister Rajnath Singh on August 27 released India's first-ever joint doctrine on Multi-Domain Operations (MDO) during Ran-Samwad 2025, a tri-services seminar held at the Army War College, Mhow.
5 mins
September 30, 2025
The Business Guardian
Govt remains open to dialogue with ABL, KDA on Ladakh issues anytime
The Government reaffirmed its openness to dialogue with the Apex Body Leh (ABL) and Kargil Democratic Alliance (KDA) on matters concerning Ladakh.
1 min
September 30, 2025

The Business Guardian
'UCC NOT JUST DESIRABLE BUT NECESSARY', SAY FORMER JUDGES AMID RENEWED NATIONAL DEBATE
The Delhi High Court has recently emphasised the urgent need for legislative clarity on the conflict between personal and statutory laws related to child marriages. In doing so, it also hinted at the broader necessity for a Uniform Civil Code (UCC).
2 mins
September 30, 2025

The Business Guardian
Spurs India’s Shift to Sustainable Mobility | Puts India on Global EV Manufacturing Map
Euler Motors has launched the Euler Turbo EV 1000, the world’s first 1 Tonne 4W electric mini truck, starting at INR 5.99 Lakhs.
1 min
September 30, 2025
The Business Guardian
SHIRISH CHANDRA MURMU NAMED RBI DEPUTY; MPC MEETING BEGINS
ACC appoints Shirish Chandra Murmu RBI Deputy Governor as MPC begins three-day meeting; markets eye possible 25 bps rate cut.
3 mins
September 30, 2025

The Business Guardian
Merck Foundation, First Ladies Award 925 Scholarships in 52 Countries
Merck Foundation, the philanthropic arm of Merck KGaA Germany marks 'World Heart Day 2025' in partnership with First Ladies of Africa and Asia, Ministries of Health, Medical Societies, and Academia, through their Nationwide Diabetes & Hypertension Blue Points Program.
1 mins
September 30, 2025

The Business Guardian
India’s FTA with Europe to come into effect from October 1: Piyush Goyal
India’s Free Trade Agreement (FTA) with the European Free Trade Association (EFTA), finalised in March 2024, will come into effect from October 1, Union Minister of Commerce and Industry Piyush Goyal said on Monday.
1 mins
September 30, 2025

The Business Guardian
TERRORISTAN PAKISTAN DOESN'T EVEN KNOW HOW TO LOSE WITH GRACE
After India’s emphatic victory in the Asia Cup Champions Trophy, Prime Minister Narendra Modi's words — “Even on the sports field, Operation Sindoor. The result is the same: India’s triumph” — carried a serious and meaningful message.
2 mins
September 30, 2025
Listen
Translate
Change font size