Charter Act of 1813

Charter Act of 1813

This was an Act of the Parliament of the United Kingdom.

 This act renewed the charter issued to the British East India Company.

The act continued the Company’s rule in India.

The Company’s commercial monopoly was ended by the act.

The act retained the company’s monopoly for the tea trade and the trade with China.

To promote education in India the act allotted Rs. 100,000.

The Christian missionaries were allowed to propagate English and preach their religion.

There was also a financial provision to encourage Indian literature and to promote science.