what is izara system?
Answers
Answer:
Izara is system in which tax collection authority given by bidding process and highest bidder chosen. So, izaredar essentially are a kind of contractor. It help to improve revenue. Izara system introduced by Jahadar Shah (1712–1713) again on advice of Zulfikar Khan although it was older system.
Answer:
Izara system involved giving a formed assignment in return of lump-sum amount to one who bid highest. It was practiced widely during the Mughal rule.
Explanation:
Izara system was a revenue farming system that involved giving land to the peasant who bid highest. The practice was revived by Jahangir and widespread in the 17th century. Later on, when Shah Jahan was the ruler, the Portuguese traders gained some mahals or villages in Bengal on izara.