》Introduced In Bombay and Madras. Munro (Viceroy) and Charles Reed recommended it.
》In this, a direct settlement was made between the government and the Ryot (cultivator).
》The revenue was fixed for a period not exceeding 30 years, on the basis of the quality of soil and the nature of the crop. It was based on the scientific rent Theory of Ricardo.
》The position of the cultivator became more secure but the rigid system of revenue collection often forced him into the clutches of the moneylender.
》Besides this, the government itself became a big zamindar and retained the right to enhance revenue at will while the cultivator was left at the mercy of its officers.
