The Mughal Dynasty: 1526AD to 1857AD

Sangaralingam Ramesh ()
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Sangaralingam Ramesh: University of Oxford

Chapter Chapter 6 in The Political Economy of India’s Economic Development: 5000BC to 2024AD, Volume II, 2024, pp 179-211 from Palgrave Macmillan

Abstract: Abstract The chapter begins by discussing the origins, rise, expansion and military prowess of the Mughal Empire in the Indian sub-continent. It highlights the Mughal emperors’ policies and cultural patronage, focusing on Akbar’s reign; his religious tolerance; and contributions to art, literature and translations of Hindu epics into Persian. The second part delves into the economic and political structures of the Mughal Empire from 1500 to 1700 AD, when India became a global economic powerhouse due to agricultural productivity, trade and population increase. Akbar’s administrative reforms, including the Mansabdari System that integrated Hindu chieftains into the imperial hierarchy, improving governance and tax collection but contributing to the empire’s decline under Aurangzeb is discussed. The final part discusses factors that led to the decline of the Mughal Empire, beginning with ensuing power struggles after Aurangzeb’s death in 1707. It includes the granting of special trading rights (dastak) to the British East India Company, which diverted revenue from the Mughal treasury, enabling the Company to strengthen its military. The Battles of Plassey (1757) and Buxar (1764) further solidified British control, and the Indian Mutiny of 1857, after which the British Crown took direct control, ending the Mughal Empire. The last Mughal Emperor, Bahadur Shah Zafar II exile to Burma marked the dynasty’s end. The chapter concludes that the Mughal Empire’s decline was due to internal conflicts, the British rise, and financial mismanagement, despite its military and administrative strengths.

Date: 2024
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DOI: 10.1007/978-3-031-67004-6_6

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