Step 1: Understanding Ryotwari settlement.
The Ryotwari system was introduced by Thomas Munro in Madras Presidency during the British rule. Unlike the Zamindari system, there was no middleman or landlord in this system.
Step 2: Ownership of land.
In the Ryotwari system, the individual cultivator (ryot or farmer) was recognized as the owner of the land. He had to pay land revenue directly to the government.
Step 3: Conclusion.
Thus, under Ryotwari settlement, the farmer was the owner of the land.
\[
\boxed{\text{Farmer}}
\]