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This section discusses the East India Company's role as the Diwan of Bengal and the subsequent economic crisis that ensued due to oppressive revenue policies. The Permanent Settlement and its effects on zamindars and peasants are explored, along with the introduction of indigo cultivation and the eventual revolt of the ryots against oppressive practices.
The East India Company became the Diwan of Bengal in 1765, taking on the role of chief financial administrator. While wanting to maintain high revenue for trade needs, the Company hesitated to set up a structured revenue collection system. A significant increase in revenue was seen, but not without consequences. The Bengal economy faced crisis as artisans fled and peasants struggled to meet high revenue demands. The 1770 famine devastated the populace, killing millions.
Recognizing the need for agricultural improvement, the Company introduced the Permanent Settlement in 1793, which aimed to stabilize revenues by fixing zamindar taxes permanently. However, this approach failed to foster agricultural productivity or zamindar investment and led to numerous defaults on revenue payments, pushing many zamindars to auction off their lands. Other systems like Mahalwari and Ryotwari were developed to address these issues but soon also faced challenges. Ultimately, increasing demands and oppressive practices led to the revolt of indigo cultivators in 1859, marking a significant backlash against the Company's exploitative policies.
Economic Crisis: The state of Bengal faced a significant economic downturn due to oppressive taxation and trade policies of the East India Company.
Oppression of Peasants: Ryots were burdened with high rents and loans, leading to widespread discontent and rebellions.
Indigo Production: The push for indigo cultivation represented the Companyβs monetary interests, often at the expense of sustainable agricultural practices.
In Bengalβs fields where ryots toil, / High taxes made their efforts spoil. / They worked for indigo, but rice theyβd lose, / In fighting for their rights, theyβd not refuse.
Once in Bengal, the ryots were proud farmers, cultivating rice. But then, under the rule of the East India Company, they were pressured into growing indigo and saw their livelihoods crumble, leading them to unite and demand justice.
R.I.S.E. - Revenue, Indigo, Settlement, Exploitation: Key issues faced by ryots.
The Permanent Settlement that set a fixed revenue amount led to zamindars auctioning off lands when they couldn't meet the demands.
The Indigo Revolt of 1859 illustrated how farmers could unite against oppressive conditions imposed by the British planters.
Term: Diwan
Definition: A title for the chief financial administrator in a region, particularly in the context of the East India Company.
A title for the chief financial administrator in a region, particularly in the context of the East India Company.
Term: Permanent Settlement
Definition: A revenue system established in 1793 that fixed land revenue permanently, aiming to stabilize income for the Company.
A revenue system established in 1793 that fixed land revenue permanently, aiming to stabilize income for the Company.
Term: Ryot
Definition: A peasant or cultivator in India, especially under British rule.
A peasant or cultivator in India, especially under British rule.
Term: Zamindar
Definition: A landowner or landlord responsible for collecting taxes from ryots under the Permanent Settlement.
A landowner or landlord responsible for collecting taxes from ryots under the Permanent Settlement.
Term: Indigo
Definition: A plant used as a source for blue dye, which saw increased cultivation under British rule due to demand in Europe.
A plant used as a source for blue dye, which saw increased cultivation under British rule due to demand in Europe.