Question

Mention the features of Charter Act of 1813.

Answer 1

The East India Company Act 1813, popularly known as the Charter Act 1813 , was an Act passed by the Parliament of United Kingdom on 21st July 1813 for The East India Company that extended their term in India.Though now their commercial monopoly was over with two exceptions, that too were taken away in 1833.For the first time the constitutional position of British territories in India was defined.

The features of the Act were-

1. The crown (then Britain) now had control over the British India.

2.Rs 100,000 was allotted for promotion of education of Indian population.

3. Christian missionaries were now allowed to propagate their faith in India.

4. The Act regulated company's territorial revenues and commercial profits.

5. The act also empowered the local government to impose taxes on people who were under supreme court's jurisdiction. It also allowed them to punish people when the taxes were not payed.