Why zamindars defaulted on payment?
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Posted by Karan Dhillon 5 years, 9 months ago
- 2 answers
Yogita Ingle 5 years, 9 months ago
The Zamindars failed to pay the revenue-demand in the early decades after the permanent settlement:
(i) The initial demands were very high. This was because it was felt that if the demand was fixed for all time to come, the Company would never be able to claim a share of increased income from land when prices rose and cultivation expanded. To minimise this anticipated loss, the Company pegged the revenue demand high, arguing that the burden on zamindars would gradually decline as agricultural production expanded and prices rose.
(ii) This high demand was imposed in the 1790s, a time when the prices of agricultural produce were depressed, making it difficult for the ryots to pay their dues to the zamindar.
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Undercover Batman 5 years, 9 months ago
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