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Define permanent settlement ?

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Define permanent settlement ?

    • Posted by Navin Kumar 4 years, 6 months ago

    CBSE > Class 12 > History
    • 1 answers

    Yogita Ingle 4 years, 6 months ago

    • As the Company worried about declining revenues, it introduced the Permanent Settlement of Bengal in 1793. It was introduced by Lord Cornwallis.
    • According to this settlement, the rajas and taluqdars were recognised as the zamindars of the land. They had to collect rent from the peasants and pay the revenues to the Company.
    • The amount to be paid to the Company was fixed permanently. The Company thought that this would ensure a steady and regular flow of revenues to them and would encourage the zamindar to invest in the improvement of the land.

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