explain in detail about the permanent Seattlement
Answers
Answer:
It is introduced by charles cornwallis in 1793. The zamindars were asked to collect rent from the peasants and pay it to the company. The amount to be paid was fixed permanently. So this settlement is called permanent settlement
Answer:
The Permanent Settlement, also known as the Permanent Settlement of Bengal, was an agreement between the East India Company and Bengali landlords to fix revenues to be raised from land that had far-reaching consequences for both agricultural methods and productivity in the entire British Empire and the political realities of the Indian countryside. 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.
ADVANTAGES
The permanent settlement secured a fixed and stable income for the state and the state could depend upon that income, monsoons or no monsoons. Further, it saved the Government the expenses that had to be spent in making periodical assessments and settlements.
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