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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]
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 ...
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 Regulating Act in 1773 was an Act of the Parliament of Great Britain that’s purpose was to overhaul the management of the East India Company’s rule in India. The Act proved to not be a long-term solution. The Regulating Act set up a system where it supervised the work of the Company but did not take power for itself. [4]