With reference to the effect of British rule in India, discuss the following
What effect did the new revenue collection have on the village economy?
Answers
Answer:
In all these land revenue systems, the revenue was fixed at a very high rate. In Permanent settlement, the Company fixed the revenue so high that it became difficult for zamindars to pay revenues to the Company. The settlement was oppressive for villagers as they had to pay high rent to the zamindars
Answer:
The Economy of India under Company rule describes the economy of those regions (contemporaneously British India) that fell under Company rule in India during the years 1757 to 1858. The British East India Company began ruling parts of the Indian subcontinent beginning with the Battle of Plassey, which led to the conquest of Bengal Subah and the founding of the Bengal Presidency, before the Company expanded across most of the subcontinent up until the Indian Rebellion of 1857.