permanent selllement of land revenue system
Answers
Answer:
The Permanent Settlement of Bengal was brought into effect by the East India Company headed by the Governor-General Lord Cornwallis in 1793. This was basically an agreement between the company and the Zamindars to fix the land revenue. ... This system was also called the Zamindari System.
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Answer:
In 1793 permanent settlement was introduced.(by lord Cornwallis)
★According to this settlement the rent amount to be paid to the company was fixed permanently.
★this ensure a regular flow of revenue into the companies coffers and at the same time encouraged the jamindar to invest in improving the landsince the revenue demand of the state would not be increased the jamindar would benefit from increased production from the land.
★but the permanent settlement created problems. The company officials soon discovered that the jamindars were in fact not investing in the improvement of land.
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