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What is Semi-Feudal Economy?

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It refers to the 'Zamidari Pratha' under the british rule. Under this system, Zamindars held a piece of land and allow their Peasants/Servants/Naukars to cultivate and produce goods for them under bureaucracy. These peasants were given wages for their work and the yeild was totally captured by zamidars. 

In the middle of 19th century, capital investment was made in many new sectors like cotton textile, jute, sugar, tea, rubber and coffee plantation, etc. This created two classes- capitalists and labourers. So, at the time of independence, features of both (feudal and capitalist) appeared in this system.

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