The document discusses the East India Company's appointment as the diwan of Bengal and its financial administration strategies that led to a severe economic crisis, including a devastating famine in 1770. It highlights various revenue systems introduced by the Company, such as the permanent settlement and mahalwari settlement, which ultimately failed to improve agricultural productivity and led to further exploitation of cultivators. The text culminates in the 'Blue Rebellion' of 1859, where indigo farmers protested against oppressive practices of planters, leading to government inquiry and changes in indigo cultivation practices.