A systematic economic history of India during the early part of her cultural development has not yet been attempted. Some scholars have indeed given us fragmentary accounts of particular periods or have dealt with various topics bearing upon her economic life in the past. The difficulties of reconstruction are very great. First of all we have to examine the condition [...]
The following points highlight the ten main sources of income of people in ancient India. The sources are: 1. Agriculture 2. Ownership of Land 3. Revenue 4. Industry 5. The Guilds 6. Trade and Commerce 7. Taxation 8. Other Sources of State Income 9. Forced Labour 10. Foreign Trade. Source # 1. Agriculture: Agriculture was the mainstay of the people [...]
This article throws light upon the top three land tenure systems during the British rule in India. The tenure systems are: 1. The Zamindary System: The Permanent Settlement 2. The Ryotwari System 3. The Mahalwari System or the Communal System. Land Tenure System # 1. The Zamindary System: The Permanent Settlement: Early revenue experiments of the EIC brought tremendous sufferings [...]