Explain the permanent settlement
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Yogita Ingle 6 years, 4 months ago
The Company had to take some steps to improve agriculture by improving investment in land. The Permanent Settlement was introduced in 1793. According to this, the rajas and taluqdars were recognized as zamindars and were given the responsibility of revenue collection from the peasants. The amount to be paid was fixed permanently and hence the name Permanent Settlement. The Company officials felt that it would ensure a regular flow of revenue. They also felt that this would motivate the zamindars to invest in improving the land. The zamindars would benefit from increased production because the revenue demand would not be increased.
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