Indian Science and Technology in the Eighteenth Century: Some Contemporary European Accounts c6.s3.25

c6.s3.25

The second point relates to the contrary nature of the new state fiscal system when compared with the indigenous system (or systems) prevailing at the commencement of the European impact. It seems that the indigenous budgeting of state revenues (whether for larger or smaller political entities and through various in-built devices) left the overwhelming proportion of revenue at the local levels.