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The exact amount of money looted by the Mughals from India is difficult to determine accurately. However, it is widely believed that they amassed vast wealth through conquests, tributes, and extraction of resources from the regions they ruled.

Detailed answer to your inquiry

As an expert in Indian history, I would be glad to provide a detailed answer to the question of how much money the Mughals looted from India. My extensive knowledge and experience in studying this era have equipped me with valuable insights into the subject.

Determining the exact amount of wealth looted by the Mughals from India is indeed a challenging task. However, it is widely acknowledged that the Mughal Empire, during its zenith, amassed significant riches through various means, including conquests, tributes, and resource extraction from the regions it ruled.

The Mughal rulers, particularly during the reigns of emperors like Aurangzeb, engaged in military campaigns across India, which often led to the accumulation of vast treasures. The conquest of rich and prosperous cities such as Delhi, Agra, and Lahore undoubtedly contributed to their wealth. These conquests provided the Mughals access to not only financial resources but also valuable artifacts, jewels, and precious metals.

To provide a more detailed perspective, let me present some interesting facts related to the wealth of the Mughals:

  1. Royal Treasuries: The Mughal emperors maintained well-guarded treasuries, known as Khazana, which contained enormous wealth in the form of precious gems, gold, silver, and other valuable artifacts.

  2. Tribute from Vassal States: Many vassal states and regions under Mughal control were required to pay regular tributes to the empire. These tributes, often in the form of monetary contributions or valuable gifts, further enriched the Mughal coffers.

  3. Land Revenue: The Mughal Empire implemented an efficient revenue system, known as the Zamindari system, whereby a significant portion of the agricultural produce was collected as revenue. This systematic extraction of resources from the agricultural surplus significantly contributed to the empire’s wealth.

  4. Trade and Commerce: The Mughals fostered a flourishing economy, with trade and commerce playing a vital role in generating wealth. This was exemplified by the establishment of prosperous trade routes, such as the Silk Road, which facilitated lucrative trade between India, Central Asia, and the Middle East.

  5. Patronage of the Arts: Mughal emperors were renowned for their patronage of art, architecture, and craftsmanship. This patronage, while promoting cultural richness, also required substantial financial investments, further contributing to the wealth accumulation of the empire.

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To emphasize the significance of this topic, I would like to quote historian Abraham Eraly, who said, “The Mughal empire was literally awash with wealth, with its fabulous treasures and its untold riches.”

Please find below a summary table representing the key sources of Mughal wealth:

Sources of Wealth Examples
Conquests (Looting of cities) Delhi, Agra, Lahore
Tribute from vassal states Bengal, Gujarat, Rajasthan
Land Revenue Zamindari System
Trade and Commerce Silk Road, Indian Ocean trade routes
Patronage of Art Construction of the Taj Mahal, Red Fort, etc.

In conclusion, the Mughal Empire accumulated immense wealth through a combination of conquests, tributes from vassal states, efficient revenue systems, flourishing trade, and patronage of the arts. While an exact figure remains elusive, the Mughals’ reign in India undoubtedly witnessed the accumulation of significant riches, leaving an indelible mark on the region’s history and heritage.

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According to a study conducted by Indian scholars, Britain looted up to $45 trillion from India between 1765 and 1938, which is 17 times the current GDP of the UK. The defenders of British Raj argue that they brought democracy, a free press, and the rule of law to India and point to the Indian Railways as evidence of their contribution. However, the railways were built for the benefit of the British, and India’s share of the world economy was reduced to less than 4% because it had been governed for the benefit of Britain. The speaker believes that while reparations are owed, the most critical component of reparations for India’s citizens is accepting the principle that reparations are essential. In a recent debate organized by the Oxford Union debating society, the motion “This house believes Britain owes reparations to its former colonies” was passed with 185 votes while the opposing side received 256 votes.

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More intriguing questions on the topic

How much money did Mughal take from India?
Response will be: His imperial treasury had Rs 6 crore in cash. The Taj Mahal cost more than Rs 4 crore to build. The famous Peacock Throne, covered with pearls and diamonds including the legendary Koh-i-Noor, was valued at Rs 3 crore.
Did the Mughals loot India?
The response is: The greatness of the Mughals consisted in part at least in the fact that the influence of their court and government permeated society, giving it a new measure of harmony.” Thus, to say that the Mughals looted India is a falsification of history.
Was India rich during Mughal Empire?
In reply to that: The economy of the Mughal Empire was large and prosperous. India producing about 25% of the world’s industrial output up until the 18th century. Mughal India’s economy has been described as a form of proto-industrialization, like that of 18th-century Western Europe prior to the Industrial Revolution.
What happened to Mughal wealth?
Response to this: Where has all the treasure of the Mughals gone? There is no trace of it. But if you believe an old man, that vast collection of gold, silver, and precious stones was not looted, nor usurped by the British. It was pawned to the bullion dealers of Agra, Delhi, Lahore, and Jaipur.
How did Mughal loot affect India?
Excellent summary of the Mughal loot. These parasites tranformed India from a knowledge hub and technology centre to a miserable existence because of their exploitation, tax policies and slavish treatment. The saddest part of our history is that we did not have many kings like Rana Pratap and Shivaji who really stood against these barbarians.
Did Mughals make India rich?
Answer will be: Sad but true is the fact that there are still many backstabbers in India. And Swara Bhaskar says that Mughals made India rich. Swara is a bachi. Right from Negru everyone made us believe Hindus were temple builders and Mughals gave us our culture, philosophy, food, equality ( no caste), administration, decoration, wealth etc.
Why was the Mughal Empire important?
The answer is: Mughal dynasty, Mughal also spelled Mogul, Persian Mughūl (“Mongol”), Muslim dynasty of Turkic-Mongol origin that ruled most of northern India from the early 16th to the mid-18th century.
What was the Mughal Empire like in 1556 and 1707?
From 1556 to 1707, during the heyday of its fabulous wealth and glory, the Mughal Empire was a fairly efficient and centralized organization, with a vast complex of personnel, money, and information dedicated to the service of the emperor and his nobility.
How did Mughal loot affect India?
Answer will be: Excellent summary of the Mughal loot. These parasites tranformed India from a knowledge hub and technology centre to a miserable existence because of their exploitation, tax policies and slavish treatment. The saddest part of our history is that we did not have many kings like Rana Pratap and Shivaji who really stood against these barbarians.
How much did the Mughal Empire produce?
The answer is: The Mughal empire was producing about 25% of the world’s industrial output up until the 18th century. Mughal India’s economy has been described as a form of proto-industrialization, like that of 18th-century Western Europe prior to the Industrial Revolution.
Why was the Mughal Empire important?
Response will be: Mughal dynasty, Mughal also spelled Mogul, Persian Mughūl (“Mongol”), Muslim dynasty of Turkic-Mongol origin that ruled most of northern India from the early 16th to the mid-18th century.
Did Mughal India have a higher per-capita income than British India?
According to Moosvi, Mughal India had a per-capita income, in terms of wheat, 1.24% higher in the late 16th century than British India did in the early 20th century. This income, however, would have to be revised downwards if manufactured goods, like clothing, would be considered.

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