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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.
Charles Cornwallis, 1st Marquess Cornwallis, KG, PC (31 December 1738 – 5 October 1805) was a British Army officer, Whig politician and colonial administrator. In the United States and the United Kingdom, he is best known as one of the leading British general officers in the American War of Independence .
The Cornwallis Code is a body of legislation enacted in 1793 by the East India Company to improve the governance of its territories in India. The Code was developed under the guidance of Charles, Marquess Cornwallis , who served as Governor of Bengal from 1786 to 1793.
Portrait of Lord Cornwallis by Thomas Gainsborough, 1783. Lord Cornwallis was a British army officer, civil administrator, and diplomat. His career was primarily military in nature, including a series of well-known campaigns during the War of American Independence from 1776 to 1781 that culminated in his surrender at Yorktown. [2]
Charles Cornwallis, 1st Earl Cornwallis PC (29 March 1700 – 23 June 1762), styled The Honourable Charles Cornwallis until 1722 and known as The Lord Cornwallis between 1722 and 1753, was a British peer.
The Economy of India under Company rule describes the economy of those regions that fell under Company rule in India during the years 1757 to 1858. The British East India Company began ruling parts of the Indian subcontinent beginning with the Battle of Plassey, which led to the conquest of Bengal Subah and the founding of the Bengal Presidency, before the Company expanded across most of the ...
The Act made only fairly minimal changes to either the system of government in India or British oversight of the company's activities. Most importantly, the company's trade monopoly was continued for a further 20 years. Salaries for the staff and paid members of the Board of Control were also now charged to the company.
Other scholars report that Akbar's zabt land revenue system was assessed in dāms and jitals. [76] Having adopted the rupee currency system introduced by Sher Shah during the Sur Empire interregnum, by most accounts, Akbar did not issue jital coins, but retained the jital as an account value representing 1/25 of a copper dām and 1/1000 of a rupee.