What is Charter Act 1813?
Go through the highlights of Charter Act 1813 for easy quick revision.
Charter Act 1813 [Modern Indian History Notes UPSC]
The British Parliament
Purpose of Charter Act 1813
To end the East India Company’s monopoly over trade in India. Though, the company's monopoly in trade with China and trade in tea with India was kept intact.
Also Known as
East India Company Act, 1813
Charter Act of 1813 Governor-General
Importance of the Charter Act 1813
Charter Act 1813 asserted the Crown’s sovereignty over British possessions in India.
It ended the East India Company’s monopoly in India.
The Act also empowered the local governments to tax people, subject to the jurisdiction of the Supreme Court
Territories under British possession in India
The Charter Act 1813 was repealed by the Government of India Act, 1915.
Charter Act 1813 UPSC
The Charter Act 1813 is an important topic in Modern Indian History. Over the years, several questions are asked from the Charter Act 1813 in both UPSC Prelims and UPSC Mains GS Paper- 1. To cover this topic, a candidate needs to be well versed with the Indian History Notes for UPSC, along with readings of the NCERT Books for UPSC and the UPSC Books.
The importance of the Charter Act 1813 must be understood in a detailed manner along with the comparison between several other charter acts.
Questions asked about Charter Act 1813 in UPSC
One of the sample UPSC Prelims Questions on Charter Act 1813 can be
Which of the following is one of the reasons for considering the Charter Act 1813 important for India?
- It banned propaganda by Christian missionaries in India.
- It emphasized industrialization in India.
- It made the Financial allocation for the education of the Indian people.
- It approved the development of the railway system in India.
It is good to practice UPSC Previous Year Question Papers and try writing answers for any Mains questions asked related to the topic.
Features of Charter Act 1813
The Charter Act 1813 explicitly defined the constitutional position of the British territories in India and asserted the Crown’s sovereignty. The features of the Charter Act 1813 are:
- The Charter act of 1813 ended the East India Company’s monopoly in India. But the East India Company retained its monopoly on the trade-in tea, opium, and with China.
- The company’s rule was extended to another 20 years.
- The Charter Act 1813 asserted the Crown’s sovereignty over British possessions in India.
- The Act granted permission to Christian Missionaries who wished to come to India for promoting moral improvements and religious proselytization.
- The Act also empowered the local governments to tax people, subject to the jurisdiction of the Supreme Court. It gave more powers to the courts in India over European British subjects.
- Those who did not pay taxes were subject to punishment under the Charter Act of 1813.
- The Charter Act 1813 regulated the company’s territorial revenues and commercial profits. The company’s dividend was fixed at 10.5%.
- The provision was to keep the territorial and commercial accounts separate.
- The Act also had a provision that the Company should invest ₹1 Lakh every year in the education of Indians. The act provided for a financial grant for the revival of Indian literature and the promotion of science.
Charter Act 1813 UPSC Notes PDF Download
The importance of the Charter Act 1813 must be understood in a detailed manner. For this, candidates can download the Charter Act 1813 UPSC Notes PDF.