list the main features of permanent settlement. how did the production of opium ,Indigo and sugar shot up the profit margin of the East India Company
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1. settlement means that amount of revenue was fixed and not be increased in future. 2. the British believe that this will ensure regular flow of revenue into company,s coffers . 3. the revenue was fixed so high that zamindar we're unable to pay it
there was very large demand of indigo in Britain. thus, British start to force ryots to grow indigo and this will make British very profitable.
there was very large demand of indigo in Britain. thus, British start to force ryots to grow indigo and this will make British very profitable.
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Answer:It profited the East India Company since opium,indigo,and sugar cane are cash crops which the company could buy at a low price and could sell it in England at a profitable amount shot up the profit margins of the East India Company, due to incress in demand of these raw goods in England brought by the Industrial Revolution.The opium produced was smuggled to China which filled the Company's treasury.
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