Monday, July 16, 2012

Historical Revenue of India in The Mughal Times

According to the Book by Edward Thomas in Nov 1871, titled The revenue resources of the Mughal Empire in India from A.D. 1593 to A.D 1707:


Feroze Shah's revenue 1351-1388 was UK Pounds 6.85 Million.
Babur's revenue 1526-1530 was UK Pounds 2.6 Million (With a larger territory than Feroze Shah!)


In the between, Timur, Lodhi and other Muslim invaders had ruined the wealth of the nation. As well as the fact that instead of Hindu natives managing the taxation and accounts, there were wazirs of the sultan pinching jazia!


Apart from Jazia, there were Taxes on Ruhdari... people occupied with transit of souls, Pag or turban, Dudi which means Smoke or hearth tax, etc...


Interesting to note there were taxes on Kimar Bazi or gambling, Khammari or sale of liquor and Sayar Jihat or miscellaneous!


Akbar's revenue are quoted improperly in this book, and need minute study. It states at one place 5 Arabs 67 Crores 63 lakh 83 thousand and 383 dams, at another place it is 6,62,97,55,246 Dams. At still another place it becomes 138 Million Dams at one place, and in Arab Crores in other. The variance is based on the number of Subahs accounted within Sultanate, which varied much during his reign. A correct yearly estimate in UK ponds would be about 32 Million.


Jehangir's revenues (1609-11) from land are quoted as 50crore rupees.As a rupiyah was worth 2 shillings in those times, that would mean about UK Pounds 250 Million ? 


Thomas Coryate in 1615 writes of Jehangir's kingdom: 4000 miles in circumference nearly equivalent to Turkish land, yearly revenue extends to 40 Million pound Sterlings as against 15 Milliion of the Turks and 5 million of the Sophy. He equated a crown to 6 shillings each.





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