Describe the main features of the Permanent Settlement.
Answers
The Permanent Settlement System was a land revenue system introduced in 1793 by East India Company. Rajas and taluqdars were recognized as Zamindars to collect rent from the peasants and pay revenue to the Company. The main features of the Permanent Settlement system are:
a. The amount paid by the zamindars to the company was fixed permanently
b. The Rajas were made the zamindars
c. Zamindars lost their right over the lands whenever they fail to make payments to the company
d. Exorbitant prices of land which zamindars had to pay to the company (which they failed.)
Answer:
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Explanation:
In order to get a stable revenue income, most of the East India Company’s officials believed that investment in land had to be encouraged and agriculture had to be improved. Debates on how this was to be done led to the introduction of the Permanent Settlement in 1793.
The aim of this settlement was to ensure a regular flow of revenue for the Company.
As per the settlement, rajas and taluqdars were recognised as zamindars.
They were asked to collect rent from the peasants and pay revenue to the Company.
The amount to be paid was fixed permanently and it was not to be increased ever in the future.
The Company believed that as the revenue amount was fixed, the zamindars would benefit by investing in land improvement, which would in turn lead to increased production.
If the zamindars failed to pay the revenue, which they usually did as the fixed revenue was very high, they lost their zamindari.