The Charter Act of 1813 glided by the country’s Parliament renewed the archipelago Company’s charter for one more 20 years. this is often also called the Malay Archipelago Company Act, 1813. This act is very important in this is defined for the primary time the constitutional position of British Indian territories. Read Charter Act 1813 in Hindi…
- Due to Napoleon Bonaparte’s Continental System in Europe (which prohibited the import of British goods into French allies in Europe), British traders and merchants suffered.
- So they demanded they lean a share within the British interchange Asia and dissolve the monopoly of the East Indies Company.
- The company objected to this.
- Finally, British merchants were allowed to trade in India under a strict licensing system under the Charter Act of 1813.
- But in trade with China and the tea trade, the company still retained its monopoly.
Provisions of the Charter Act of 1813
- This Act asserted the Crown’s sovereignty over British possessions in India.
- The company’s rule and trade monopoly in India was extended to another 20 years. Monopoly was ended except for the trade-in tea and with China.
- It empowered the local governments to tax people subject to the jurisdiction of the Supreme Court.
The Act gave more powers for the courts in India over European British subjects.
- Another important feature of this act was to grant permission to the missionaries to come to India and engage in religious proselytization. The missionaries were successful in getting the appointment of a Bishop for British India with his headquarters at Calcutta in the provisions of the Act.
- The act provided for a financial grant towards the revival of Indian literature and the promotion of science.
- The company was also to take up a greater role in the education of the Indians under them. It was to set aside Rs.1 Lakh for this purpose.