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What was permanent Settlement? What were the economic effects of this system? |
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Answer» Permanent Settlement was a type of land settlement. It was introduced by Lord Cornwallis in Bengal in 1793 A.D. Later on it was also introduced in Bihar, Orissa, Benaras and Northern India. According to this system, zamindars were made the owners of the land. Government fixed the land revenue given by them. They deposited the fixed amount in government treasury. But they collected tax from the farmers according to their wish. If any zamindar was unable to pay the land revenue then government sold some part of his land to complete the amount of fixed revenue. Economic Impact: Income of government was fixed with this system but it left a very bad impact on farmers. Zamindars started to exploit them. Zamindars were not paying any attention on land reforms. That’s why production of farmers started to reduce day by day. |
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