Permanent Settlement of Bengal

Unverified
Date March 22, 1793
Type State
Author anupjishnu
Location Kolkata, West Bengal, India
Categories
Political & Governance Economic & Business

Event Details

In 1793, Lord Cornwallis introduced the Permanent Settlement in Bengal, Bihar, and Odisha.

Details: It fixed the land revenue to be paid by landlords (Zamindars) to the British East India Company in perpetuity.

Legacy: It created a class of loyal Zamindars but often led to the exploitation of peasants and stagnation in agricultural productivity.