0Suez Canal was opened in 1869. Suez Canal is an artificial waterway running from North to South across the Isthmus of Suez in North-Eastern Egypt. It is one of the most important waterways in the world. Its opening reduced the cost of transportation and made access to the Indian market easier and economical. A significant reduction in transport cost prompted monopoly control of India’s foreign trade by the British Government.
How was the zamindari system of land settlement responsible for the stagnation of Indian agriculture?
The zamindari system of land settlement was responsible for the stagnation of Indian agriculture because of the below mentioned reasons
(i) The zamindars were recognised as permanent owners of the soil.
(ii) The zamindars were to pay a fixed sum to the government as land revenue.
(iii) The zamindars were absolutely free to extract as much from the tillers of the soil as they could.
