The Rt Hon Mr E S Montagu On Indian Affairs
The Rt Hon Mr E S Montagu On Indian Affairs
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The expedient is so direct and so wholesome that it needs no comment ; it is comforting to know that we shall not have long to wait before municipalities in this country are empowered to get to work in similar lines. I will only add that in the course of the latest and in the most extensive proceedings under the Act — I mean the Acquisition of Land for the new Imperial Capital at Delhi extending back to the early part of 1912— it is being found that the original estimates for compensation are n...ot being seriously exceeded as a result of actions at law.
The agriculturist in India, as in other countries, has always the problem of finding capital for his needs. Private money-lenders are plentiful but the rates of interest they ask, ranging from 12 to 24 per cent, or more, are not exactly conducive to prosperity, and their ambitions to secure land by mortgage are looked at askance by the Government which has found it necessary, in some parts, to curtail the peasant's ability to raise money on his land by placing restrictions on alienation.
What to read after The Rt Hon Mr E S Montagu On Indian Affairs?
You can find similar books in the "Read Also" column, or choose other free books by Edwin Samuel Montagu to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
The expedient is so direct and so wholesome that it needs no comment ; it is comforting to know that we shall not have long to wait before municipalities in this country are empowered to get to work in similar lines. I will only add that in the course of the latest and in the most extensive proceedings under the Act — I mean the Acquisition of Land for the new Imperial Capital at Delhi extending back to the early part of 1912— it is being found that the original estimates for compensation are n...ot being seriously exceeded as a result of actions at law.
The agriculturist in India, as in other countries, has always the problem of finding capital for his needs. Private money-lenders are plentiful but the rates of interest they ask, ranging from 12 to 24 per cent, or more, are not exactly conducive to prosperity, and their ambitions to secure land by mortgage are looked at askance by the Government which has found it necessary, in some parts, to curtail the peasant's ability to raise money on his land by placing restrictions on alienation.
What to read after The Rt Hon Mr E S Montagu On Indian Affairs?
You can find similar books in the "Read Also" column, or choose other free books by Edwin Samuel Montagu to read onlineMoreLess
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