Citation 53 Geo. 3 c. 155 | Royal assent 21 July 1813 | |
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Long title An Act for continuing in the East India Company, for a further Term, the Possession of the British Territories in India, together with certain exclusive Privileges; for establishing further Regulations for the Government of the said Territories, and the better Administration of Justice within the same; and for regulating the Trade to and from the Places within the Limits of the said Company's Charter Repealed by Government of India Act 1915 | ||
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.
The power of the provincial governments and courts in India over European British subjects was also strengthened by the Act. Financial provision was also made to encourage a revival in Indian literature and for the promotion of science.
The Company's charter had previously been renewed by the Charter Act of 1793, and was next renewed by the Charter Act of 1833.