Why did the Company introduce the Permanent Settlement?
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. He envisaged the creation of a hereditary class of landlords in India.
Explanation:
The Permanent Settlement (also Permanent Settlement of Bengal) was introduced by Lord Cornwallis in 1793. It was an agreement between the British East India Company and the Landlords of Bengal to settle the Land Revenue to be raised. Lord Cornwallis came to India as the Governor General. The Permanent Settlement was one of the most famous measures of Lord Cornwallis. It was agreed that the landlords would have perpetual and hereditary rights over the land, so long as they pay the fixed revenue to the British Government.
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