The Permanent Settlement was an agreement between the East India Company and landlords of Bengal to fix revenues from land in 1793. It had far-reaching consequences for agriculture, economy and politics in colonial India and beyond. The Permanent Settlement and Mahalwari System were two distinct land revenue systems introduced by the British in India, each with its unique features and methodologies. 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 ... mmediately after the permanent Settlement . In Bengal alone it is estimated that 68 per cent, of the zam ndari land was sold between 1794 and 1819. Merchants, government officia s, and other zamindars bought these lands. The new buyers would then set about trying to increase the rents paid by the tenants in o der to make a profit from their