The British East India Company used the enormous sums of money produced by the provinces under its control to buy Indian commodities, raw resources, and spices. The company's political clout in India steadily grew starting in 1757. India saw frequent famines, widespread poverty, a high percentage of illiteracy, and one of the lowest life expectancies in the world. Objective: Examining India's economic situation under the British Crown rule after East India Company rule is the study's goal. Method and Materials: The study is based on a wide range of published and unpublished research articles, papers, books, government reports, etc. Results and Discussion: There are so many Causes of the 1857–1858 Revolt. The so-called Indian Mutiny of 1857 served as the impetus for Britain's move from East India Company to Crown administration through the Government of India Act of 1858. Conclusion: India's economy was looted for British profits during the British Crown's dominion, which resulted in deindustrialization, agricultural crises, trade exploitation, and pervasive poverty. By the time India gained independence in 1947, its economy was weak and in poverty as a result of British policies that hampered its growth.