Charter Act of 1813 | Renewal of the East India Company's Charter - Establishment of Colleges - Governance of Territories in Charter Act of 1813
Charter Act of 1813: The Charter Act of 1813 was a significant piece of legislation enacted by the British Parliament regarding the governance of British India. This act represented a crucial moment in the history of the East India Company's rule in India. Here are the key features and provisions associated with the Charter Act of 1813: 1. Renewal of the East India Company's Charter: The act renewed the charter of the East India Company for a period of 20 years, continuing its authority in India. The charter granted the company a monopoly on trade with the East for the specified duration. 2. Christian Missionaries and Education: The Charter Act of 1813 is particularly notable for its provisions related to Christian missionaries and education. It earmarked funds for the promotion of education and literature and allocated a sum of one lakh rupees annually for the encouragement and promotion of education in India. 3. Establishment of Colleges: The act earmarked funds for the esta...