Did the Permanent Settlement succeed in its objectives?Discuss

Question

10 Sep 2024

Answer :

Word Count : 432

The Permanent Settlement, introduced by Lord Cornwallis in 1793, was a major revenue system in colonial India, aimed at increasing the efficiency of revenue collection and stabilizing the British East India Company's finances. It fixed the land revenue at a permanent amount, which was to be paid by zamindars (landlords) to the British. While Cornwallis envisioned the system as a means to create a stable and prosperous rural economy, the settlement faced __________ ______ ________ __________ ________ ________ ________ ________.
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