Key Provisions of the Charter Act,1813
The Charter Act of 1813 came with a lot of changes in different sectors of society mainly in the educational sector. This was changing the entire education scenario of the country’s education style.
This act established the basis for the Western education system and cultural practices. The British East India Company’s Charter was renewed again twice in the years 1833 and 1853 to make suitable changes in the system which would eventually work in the favor of the East India Company. Some of the Key provisions of Charter Act of 1813 are:
- The East India Company’s hold on the Indian market and export was destroyed.
- The East India Company’s monopoly on business with China and tea trade was maintained and it was extended for another twenty years of time duration.
- According to the Charter act of 1813 funds were arranged in order to restore the glory of Indian literature and increase the awareness of education among civilians.
- The Charter strongly stated the legal status of British items in India according to the act of 1813.
- Madras, Calcutta, and Bombay governments had been ordered to submit their laws to the British Parliament.
- Separate accounts were kept for business dealings and local revenues.
East India Company Charter Act of 1813 – History, Key Provisions – UPSC Notes
Charter Act, 1813: The Charter Act of 1813 was an act passed by the British in India to strengthen their control over our territories. This played an important role in the revision of the Company’s charter to continue its rule in India. The Charter of the Company had already been renewed in the Charter Act of 1793 and restored in the Charter Acts of 1833 and 1853 in which each of the acts has been extended to the Company’s rule in India for the next twenty years.
Through this blog, let us discuss what were the key provisions of this charter act along with the impact of British rule including the Background of this charter act of 1813.
Table of Content
- Historical Background of the Charter Act, 1813
- British East India Company’s Monopoly
- Key Provisions of the Charter Act,1813
- Opening to Indian Trade
- Impact of Charter Act, 1813 on British Rule and Indian Society
- Charter Act and its Legacy
- Summary – Charter Act, 1813