Charter Act Of 1813

Charter Act 1813 Introduction – The Eastern India Company’s charter was renewed for another 20 years by the British Parliament’s Charter Act of 1813. This is also known as the 1813 East India Company Act. This act is significant because it defined the constitutional standing of British Indian territory for the first time. 

The History Of The Charter Act Of 1813

British merchants and traders’ situation worsened as a result of Napoleon Bonaparte’s European System, which prohibited the import of British goods to French allies throughout Europe. As a consequence, they want a stake in British trade in Asia as well as the abolition of the Eastern India Company’s situation of monopoly. The company opposed this. Finally, under the Charter Act of 1813, investment in India was authorized for British businessmen under strict licensing conditions. However, the company retained its monopoly in Chinese trading and tea trading activities. 

Provisions Of The 1813 Charter Act

• This Act underlined the Crown’s jurisdiction over British possessions in India.
• The company’s rule was extended for another 20 years. Their commercial monopoly was dissolved save for tea, opium, and commerce with China.
• It granted local governments the ability to tax people who were under the jurisdiction of the Supreme Court; and
• The corporation’s dividend was fixed at about 10.5 percent.
• The Act gave Indian courts more power over European British concepts.
• Another key feature of this act was the authorization for missionaries to visit India and engage in religious teaching. The missionaries, successful in obtaining the appointment of a Bishop for British India, headquartered in Calcutta, were in compliance with the Act’s stipulations.
• The act offered a monetary incentive for the revival of Indian literature as well as scientific progress.
• The corporation’s goal was to play a bigger role in the development of the Indians who worked for them. One lakh rupees was to be set aside for this purpose.

Enactment Of The 1833 Charter Act 

The British Parliament enacted the Charter Act of 1833, which extended the East India Company’s charter for yet another 20 years. This was also known as the Saint Helena Act 1833 or the Govt. Of India Act 1833. 

Two Major Educational Topics Were Presented To This Committee For Consideration: 

1. Should missionaries be permitted to travel to India and serve in the Company’s territories for the purpose of educating and proselytizing the Indian people?
2. Should the Company assume responsibility for the Indian people’s education? If so, what should the character and range of its educational operations be (the character and extent of the State’s responsibilities in education)? 

(i) In the first case, the missionary and their followers were victorious. That implies the missionaries were free to enter India and resume their educational and preaching operations. 

(ii) Concerning the second major objection, it came from the Company’s Directors.

The major reasons for such hostility were three in number.

1. a) Initially, education was not recognized as a governmental responsibility, even in England; 
2. b) Secondly, the Corporation was unwilling to adopt it in India only for financial reasons; and 
3. c) Thirdly, the inhabitants of India actually were mostly uninterested in the subject.

Opponents of the missionaries, on the other hand, were determined to “establish a powerful, competing, and secularism force in Indian education to oppose the re­sults of mission endeavors.” So, under the strain of circumstances, the Company was forced to assume responsibility. 

Conclusion

We have understood the Charter Act Of 1813  and other topics in the study material of the Charter Act Of 1813.

The East India Company’s monopoly in India was dissolved by the Charter Act of 1813. The key provisions of the Charter Act of 1813 are as follows: the end of the Company’s monopoly over trading activities, the Company’s dividend was 10.5 percent, one lakh rupees was assigned for the advancement of India’s education system, the Board of Control was given more powers, and missionaries were allowed to spread religion in India.