Mukbil at 13:39, 4 September 2021

2021-09-04T13:39:39Z

← Older revision		Revision as of 13:39, 4 September 2021
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	'''Board of Trade, The''' was set up in 1773 with the purpose of looking after trade of the [[east india company]] in the Bengal Presidency. With the coming of [[diwani]] administration directly in the hands of the company in 1772, the Fort William Council became pre-occupied with the administrative affairs. Consequently, trade and commerce suffered. The Governor General in Council therefore established the Board of Trade with seven senior officers as its members. Until 1786, the members of the Board had administrative functions as well. All the officers of the company were engaged in private trade with the direct support of the Board. Such an arrangement was essentially predatory and caused great economic loss to the country and to the company.		'''Board of Trade, The''' was set up in 1773 with the purpose of looking after trade of the [[East India Company, The\|east india company]] in the Bengal Presidency. With the coming of [[diwani]] administration directly in the hands of the company in 1772, the Fort William Council became pre-occupied with the administrative affairs. Consequently, trade and commerce suffered. The Governor General in Council therefore established the Board of Trade with seven senior officers as its members. Until 1786, the members of the Board had administrative functions as well. All the officers of the company were engaged in private trade with the direct support of the Board. Such an arrangement was essentially predatory and caused great economic loss to the country and to the company.

	[[lord cornwallis]] tried to minimize corruption and misuse of powers by separating the Board of Trade from administration. Private trading by officers was banned. From 1793, no person from trading department could enter company';s civil service by transfer or otherwise. The Board of Trade lost its significance when the company';s monopoly was abolished under the [[charter act]] of 1813 under which the company lost its trading right, except China trade. Consequently, the Board of Trade had to be abolished. [Sirajul Islam~~] [Islam, Sirajul Chief Editor, Banglapedia~~]		[[Cornwallis, Lord Charles\|lord cornwallis]] tried to minimize corruption and misuse of powers by separating the Board of Trade from administration. Private trading by officers was banned. From 1793, no person from trading department could enter company's civil service by transfer or otherwise. The Board of Trade lost its significance when the company's monopoly was abolished under the [[Charter Acts\|charter act]] of 1813 under which the company lost its trading right, except China trade. Consequently, the Board of Trade had to be abolished. [Sirajul Islam]

	[[bn:বোর্ড অব ট্রেড]]		[[bn:বোর্ড অব ট্রেড]]

0:0:0:0:0:0:0:1: Content Updated.

2021-06-17T19:02:22Z

Content Updated.

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'''Board of Trade, The''' was set up in 1773 with the purpose of looking after trade of the [[east india company]] in the Bengal Presidency. With the coming of [[diwani]] administration directly in the hands of the company in 1772, the Fort William Council became pre-occupied with the administrative affairs. Consequently, trade and commerce suffered. The Governor General in Council therefore established the Board of Trade with seven senior officers as its members. Until 1786, the members of the Board had administrative functions as well. All the officers of the company were engaged in private trade with the direct support of the Board. Such an arrangement was essentially predatory and caused great economic loss to the country and to the company.

[[lord cornwallis]] tried to minimize corruption and misuse of powers by separating the Board of Trade from administration. Private trading by officers was banned. From 1793, no person from trading department could enter company';s civil service by transfer or otherwise. The Board of Trade lost its significance when the company';s monopoly was abolished under the [[charter act]] of 1813 under which the company lost its trading right, except China trade. Consequently, the Board of Trade had to be abolished. [Sirajul Islam] [Islam, Sirajul Chief Editor, Banglapedia]

[[bn:বোর্ড অব ট্রেড]]

Board of Trade, The - Revision history

Mukbil at 13:39, 4 September 2021

0:0:0:0:0:0:0:1: Content Updated.