The Deadline of Destiny: How London's Budget Hour sealed India's fate (From the Archives)
New Delhi, Jan 11 (IANS) On April 4, 1811, in the House of Commons in London, the Chancellor of the Exchequer rose to perform a formality mandated by law. It was a routine step, yet the quiet words he spoke sent a shiver through the East India Company (EIC) directors and heralded a massive storm of financial, commercial, and political upheaval that had profound and devastating consequences for the millions of people in India.