Question

During the latter half of the 18th century various major land revenue

settlements were introduced, so according to you what were those land

revenue settlements and why did the EEIC and Britishers introduced

these settlements and how was it beneficial to them?​

Answer 1

Answer:

The Permanent Settlement was introduced first in Bengal and Bihar and later in the south district of Madras and Varanasi. The system eventually spread all over northern India by a series of regulations dated 1 May 1793. These regulations remained in place until the Charter Act of 1833.[1] The other two systems prevalent in India were the Ryotwari System and the Mahalwari System.

Many argue that the settlement and its outcome had several shortcomings when compared with its initial goals of increasing tax revenue, creating a Western-European style land market in Bengal, and encouraging investment in land and agriculture, thereby creating the conditions for long-term economic growth for both the company and region's inhabitants. Firstly, the policy (Krishna) of fixing the rate of expected tax revenue for the foreseeable future meant that the income of the Company from taxation actually decreased in the long-term because revenues remained fixed while expenses increased over time. Meanwhile, the condition of the Bengali peasantry became increasingly pitiable, with famines becoming a regular occurrence as landlords (who risked immediate loss of their land if they failed to deliver the expected amount from taxation) sought to guarantee revenue by coercing the local agriculturalists to cultivate cash crops such as cotton, indigo, and jute, while long-term private investment by the zamindars in agricultural infrastructure failed to materialise.

Answer 2

Answer:

Company rule in was the rule or dominion of the British East India Company over parts of the Indian subcontinent. This is variously taken to have commenced in 1757, after the Battle of Plassey which saw the Company conquest of Mughal Bengal. Later, the Company was granted the diwani, or the right to collect revenue, in Bengal and Bihar; or in 1773, when the Company established a capital in Calcutta, appointed its first Governor-General, Warren Hastings, and became directly involved in governance.By 1818, with the defeat of Marathas followed by the pensioning of the Peshwa and the annexation of his territories, British supremacy in India was complete

Explanation: