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The Permanent Settlement, also known as the Permanent Settlement of Bengal, was an agreement between the East India Company and landlords of Bengal to fix revenues to be raised from land that had far-reaching consequences for both agricultural methods and productivity in the entire British Empire and the political realities of the Indian countryside.
Its best known provision was the Permanent Settlement [1] (or the zamindari system), which established a revenue collection scheme that lasted until the 20th century. Beginning with Bengal, the system spread over all of northern India by means of the issue of a series of regulations dated 1 May 1793.
The Permanent Settlement, also known as the Permanent Settlement of Bengal, was an agreement between the East India Company and landlords of Bengal to fix revenues to be raised from land that had far-reaching consequences for both agricultural methods and productivity in the entire British Empire and the political realities of the Indian countryside.
In 1793, the Revenue Sale Law was passed which altered the Permanent Settlement. The change made it impossible for Zamindar to claim relief from taxes due to natural disasters such as flooding or drought. It also created a provision that allowed the colonial administration to sell of the property of Zamindars who defaulted on the payment of taxes.
General Lord Cornwallis receiving Tipu Sultan's sons as hostages, by Robert Home, c. 1793. British General Charles Cornwallis, the Earl Cornwallis, was appointed in February 1786 to serve as both Commander-in-Chief of British India and Governor of the Presidency of Fort William, also known as the Bengal Presidency.
However, Bengal received little attention for industrialization due to the entrenched peasant-zamindar relationship under the Permanent Settlement. [66] The zamindars of Bengal built mansions, lodges, modern bungalows, townhouses, and palaces on their estates.
In 1793, the new Governor-General, Lord Cornwallis, promulgated the permanent settlement of land revenues in the presidency, the first socio-economic regulation in colonial India. [44] By the terms of the settlement rajas and taluqdars were recognised as zamindars and they were asked to collect the rent from the peasants and pay revenue to the ...
Cornwallis later served as a civil and military governor in Ireland, where he helped bring about the Act of Union; and in India, where he helped enact the Cornwallis Code and the Permanent Settlement. Born into an aristocratic family and educated at Eton and Cambridge, Cornwallis joined the army in 1757, seeing action in the Seven Years' War.