what did the East India company think to ensure its revenue income ?
Answers
Answered by
14
Answer:
The Company knew that most Indians practise agriculture, and if it did not improve agriculture then it cannot continue to earn big revenues. So the Company introduced the Permanent Settlement in 1793, whereby the zamindars were asked to collect rent from peasants and pay revenues to the Company.
Answered by
3
Answer:
Officials of East India company believed that in order to increase revenue there was a need to improve agriculture. So, they come up with the permanent settlement method in 1793. ... Company believed that as the revenue is fixed the zamindars would benefit by investing in improvement of agriculture.
Similar questions