Agricultural Indebtedness in India and Its Remedies

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Excerpt from Agricultural Indebtedness in India and Its Remedies: Being Selections From Official Documents More than two years ago the Calcutta University decided to publish for the use of advanced students and teachers a series of selections from authoritative docu ments treating of Indian economic problems, by bringing together in a collected form the large amount of valuable materials that lie scattered in old and inacces sible Blue Books, in the proceedings of Legislative Councils, and in Government reports and publications. The first subject which appealed to me as one of the most important and far-reaching was that of agricultural indebtedness'. A special interest centres round the sub ject, because the general state of indebtedness is almost as old as the British rule in this country, for I find reference to the subject in the literature on the Permanent Settlement in the Blue Books of 1813 and preceding years. But it appears that no scientific and systematic treatment of the 'disease' was attempted till the seventies of the last century, when the indebtedness of the Deccan ryots, who had been the victim of great vicissitudes of fortune almost since the conquest of. The Deccan, rose to such magnitude as to demand prompt' legislative action. Their accumulated indebtedness, aggravated by the cotton crisis in Bombay, culminated in serious agrarian disturbances in the year 1875, and the Government of India being awakened to the gravity of the problem redressed the situation by the enactment of a law for the relief of the Deccan ryots, This condition. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.