Introduction
The Maratha Empire, originally shaped by Shivaji’s brilliance, found renewed vigor and administrative sophistication under the Peshwas. The role of the Peshwa evolved from a mere minister to the actual head of the Maratha polity. From the early 18th century till the mid-1770s, Peshwas like Balaji Vishwanath, Baji Rao I, and Madhavrao I carried the Maratha banner deep into North India. They created a federated structure, controlled multiple provinces, and engaged in diplomacy with Mughals, Rajputs, and even the British.
1. Evolution of the Peshwa Office
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Under Shivaji, the Peshwa was part of the Ashta Pradhan (Council of Eight Ministers).
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After Shivaji's death, the Peshwa's role became more powerful, especially from the time of Balaji Vishwanath.
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Eventually, the Peshwas became the de facto rulers, with the Maratha king reduced to a figurehead.
2. Prominent Peshwas and Their Contributions
a. Balaji Vishwanath (1713–1720)
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Negotiated with the Mughal emperor Farrukhsiyar to recognize Shahu (Shivaji's grandson) as the legitimate Maratha ruler.
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Secured the right to collect Chauth (25%) and Sardeshmukhi (10%) from Mughal provinces.
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Established diplomatic relations with Rajputs and other Deccan powers.
b. Baji Rao I (1720–1740)
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Considered one of the greatest military strategists in Indian history.
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Expanded Maratha power into Malwa, Bundelkhand, Gujarat, and even up to Delhi.
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Famous for his lightning-fast cavalry raids, often covering hundreds of miles in days.
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Supported Bundela chief Chhatrasal, married his daughter Mastani.
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Quote attributed to him: “Let us strike at the trunk of the withering tree (the Mughals), not its branches.”
c. Balaji Baji Rao (Nana Saheb) (1740–1761)
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Expanded the empire but faced administrative challenges.
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Maratha territory at its peak—stretching from Tamil Nadu to Attock (now in Pakistan).
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Faced defeat in the Third Battle of Panipat (1761), marking a major turning point.
d. Madhavrao I (1761–1772)
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Rebuilt Maratha strength after Panipat.
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Focused on internal reforms, restoring discipline in the army, and improving finances.
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Successfully re-established Maratha supremacy in the Deccan and parts of North India.
3. Peshwa Administration and Governance
a. Confederacy Structure
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The Maratha Empire under the Peshwas evolved into a confederacy.
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Major Maratha houses operated semi-autonomously:
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Scindias of Gwalior
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Holkars of Indore
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Gaekwads of Baroda
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Bhonsles of Nagpur
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Peshwas acted as chief coordinators, collecting tribute and settling disputes.
b. Centralized Revenue System
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Maintained land revenue collection through the Ryotwari system.
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Chauth and Sardeshmukhi were important sources of external revenue.
c. Judicial and Military Structure
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Maintained district-level military commanders (Sardars) and tax officials (Deshmukhs).
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No codified laws; decisions were based on custom, dharma, and royal decrees.
4. Expansion into North India
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Marathas moved aggressively into Delhi, Punjab, and Awadh.
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In 1737, Baji Rao I even attacked Delhi, forcing the Mughals into submission.
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Played a key role in protecting Hindus and regional rulers from Afghan and Mughal oppression.
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Controlled and collected revenues from Bengal, Bihar, and Orissa by the mid-18th century.
5. Third Battle of Panipat (1761)
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A watershed moment in Maratha history.
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Fought between the Marathas and Ahmad Shah Abdali (Durrani king of Afghanistan).
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Though they fielded a large army under Sadashivrao Bhau, internal disunity and strategic errors led to a devastating defeat.
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Nearly 100,000 soldiers died, including key Maratha leaders and Vishwasrao (heir apparent).
6. Post-Panipat Recovery and Legacy
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Madhavrao I’s reign restored Maratha pride and political strength.
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Recovered lost territories and reorganized military units.
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Set the stage for later confrontations with the British East India Company.
7. Impact and Importance of the Peshwas
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Converted the Maratha kingdom into a pan-Indian empire.
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Introduced federalism, rare in medieval Indian polity.
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Played a decisive role in weakening the Mughals.
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Their fall in the early 19th century marked the end of native Indian empires before full British colonization.
Conclusion
The era of the Peshwas was one of administrative efficiency, military expansion, and political foresight. Leaders like Baji Rao I and Madhavrao I demonstrated that Indian empires could still challenge foreign domination with unity and strategy. While internal divisions and overextension led to setbacks, the Peshwas undeniably left a lasting imprint on Indian history. Their story is also a tale of vision, ambition, and the fragile nature of political alliances—offering deep insights into pre-colonial Indian polity.