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Rise of new money lending class

The excessive demand of revenue by the British government led the peasantry compelled to take loans from the money-lenders. These money lenders often exploited the peasants by charging high interest rates and by certain other unfair means.

The new legal system and the policy introduced by the British only helped the moneylenders. In, most cases the peasants failed to pay back the loan with full interest. Thus their lands gradually passed into the hands of the money lending class.