The Charter Act of______provided for Rs.l lakh to be spent annually on spreading education in India.
The East India Company Act 1813, also known as the Charter Act of 1813, was an Act of the Parliament of the United Kingdom which renewed the charter issued to the British East India Company, and continued the Company's rule in India. However, the Company's commercial monopoly was ended, except for the tea trade and the trade with China. Reflecting the growth of British power in India,
1. The Act expressly asserted the Crown's sovereignty over British India.
2. It allotted Rs 100,000 to promote education in Indian masses.
3. This act permitted Christian missionaries to propagate English and preach their religion.