what was permanent settlement what were the economic effects of this system
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The immediate consequence of the Permanent Settlement was both very sudden and dramatic, one that nobody had apparently foreseen. By ensuring that zamindars' lands were held in perpetuity and with a fixed tax burden, they became desirable commodities.
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Immediate consequence of the Permanent Settlement was both very sudden and dramatic, one that nobody had apparently foreseen. By ensuring that zamindars' lands were held in perpetuity and with a fixed tax burden, they became desirable commodities.Since the permanent settlement made Zamindars owners of land, peasants were left at their mercy. The Peasants had no right over land and could be kicked out any time. Zamindars got arbitrary powers to eject the cultivator and forfeit the agriculture stock for non-payment.
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