The Company tried many experiments to increase the land revenue. Name theSettlement system introduced in the Madras and Bombay presidencies ?
Question
The Company tried many experiments to increase the land revenue. Name the Settlement system introduced in the Madras and Bombay presidencies ?
Solution
The settlement system introduced in the Madras and Bombay presidencies is known as the Permanent Settlement. This system was first implemented in Bengal by Lord Cornwallis in the late 18th century, but it was also adopted in the Madras and Bombay regions with some variations.
Under the Permanent Settlement, land revenue was fixed permanently, which meant that zamindars (landlords) were made responsible for collecting taxes from the peasants and paying a fixed amount to the British government. This system encouraged zamindars to improve agricultural productivity since they were entitled to any revenue earned above the fixed amount. However, it often led to exploitation of the peasants, as zamindars sought to maximize their profits.
In summary, the system was intended to streamline the collection of land revenue and increase government income, but it had mixed results in terms of social justice and agricultural stability.
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