Permanent settlement: In areas concerned with the permanent settlement

In areas concerned with the permanent settlement , the land ownership right was vested with the Zamindars. It was hereditary and transferrable but the ultimate ownership of the land was with the company and it can sell or auction the land in case of non-payment or untimely payment of revenue. The Permanent Settlement in Bengal was brought up with the effect of the East India Company, which was headed by Lord Cornwallis in 1793, who was the then Governor-General. It was an agreement that was signed between the company and also zamindar for the fixation of land revenue. It was first enacted in Bengal, Bihar, and Odisha, and was later followed by the northern Madras Presidency and also a district of Varanasi. Permanent Settlement Permanent Settlement The Permanent Settlement ... Learn about the Permanent Settlement of Bengal, a land revenue system introduced by Lord Cornwallis in 1793. Find out its features, merits, demerits and impact on Indian society and economy. The Permanent Settlement , also known as the Permanent Settlement of Bengal or Zamindari System, was a land revenue system introduced by the British East India Company in 1793 under the administration of Governor-General Lord Cornwallis. This system marked a significant shift in the administration of land revenue in India, particularly in Bengal, Bihar, and Orissa. The Permanent Settlement aimed to stabilise revenue by granting Zamindars hereditary land rights in exchange for a fixed tax ...