Summary: Lord Mayo faced financial challenges in India, with deficits reaching £44 million compared to budget estimates, resulting from incorrect forecasts and escalating debt. He advocated for strict budgetary control, clear financial statements, and transparency to rectify the situation through systematic statistical collection, division of financial elements such as loans, and application of profits from productive investments to debt reduction. Despite his focus on finance, Lord Mayo also addressed social issues like caste discrimination and the need for a coherent legal structure, emphasizing the importance of practical use of laws in local contexts. He ensured a balance between legislative activity and personal discretion in administrative decisions, showing keen interest in merit-based appointments and not succumbing to favoritism. Demonstrating hands-on involvement, his approach intertwined financial prudence with social and administrative reforms, making a lasting impact on governance in colonial India.