Discuss the main provisions made under the Permanent Settlement. In what ways did the Settlement create problems for the Company?
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The Permanent Settlement
Explanation:
- Lord Cornwallis introduce Permanent Settlement with the law and private property rights.
- He also hoped to bring modernization to the economy and society.
- The Settlement creates problems for the Company as zamindarsunable to pay the taxes frequently on a fixed date (sunset law).
- This resulted in the frequent sale of Zamindaris estate.
- The land revenue is fixed at a high level- at the absolute maximum.
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Who is the father of parmanent settlement
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According to the permanent land settlement the zamindars were recognised as the permanent owners of the land. They were given instruction to pay 89% of the annual revenue to the state and were permitted to enjoy 11% of the revenue as their state. They brought about an adverse effect on zamindars.
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