Regulating Act 1773- Drawbacks, Study Notes For 1773 Regulating Act

By Aarna Tiwari|Updated : November 12th, 2022

The Regulating Act 1773 was passed to control the territories of the East India Company majorly in Bengal by the British Parliament. The East India Company was in a severe financial crisis and had taken a loan from the British government in 1772. The British were slowly being influenced by Adam Smith’s free trade and resented the monopolistic control of the Company in trade with India. So when the Company’s finances were strained due to Wellesley’s wars, the parliament thought it to be pertinent to pass the Regulating Act 1773. The territories under British control were the most affected regions. The Regulating Act 1773 bring forth the fundamentals of the Central Administration in India.

The Regulating Act 1773 was established by the British Parliament and Governor General Warren Hastings. The main objective of the Act was to command the territories of the east India Company. It was the first concurrence dictating the powers of the Company. We have facilitated the detailed knowledge centring on the Regulating Act 1773 to assist the aspirants in preparing comprehensively for the IAS exam.

Table of Content

What Is Regulating Act 1773?

The Regulating Act of 1773 was brought into action by the British Parliament to regulate the actions of the East India Company, the act also lead to the establishment of the Supreme Court in Calcutta. The main characteristics of the Regulating Act 1773 have been laid here, you can walk through the points mentioned to get ideations about the Act.

Key Highlights Of 1773 Regulating Act 

Introduced by 

The British Parliament

Purpose of Regulating Act 1773

To control the territories of the East India Company, mainly in Bengal.

It was the first parliamentary ratification and authorization defining the powers and authority of the East India Company

Regulating Act 1773 Governor-General

Warren Hastings

Importance of the Regulating Act 1773

The Governors in the Councils at Madras and Bombay were brought under the control of Bengal.

The Supreme Court of Judicature was established at Calcutta.

The Governor-General had no veto power.

Territories Affected 

Territories under British possession in India

Regulating Act 1773 UPSC 

The Regulating Act 1773 UPSC notes are necessary to cover the History Syllabus. History has occupied an important place in both UPSC Prelims and UPSC Mains GS Paper- 1. To cover Regulating Act 1773, a candidate is mandated to be well-comprehensive with the Indian History Notes for UPSC, along with the core concepts of the NCERT Books for UPSC and the UPSC Books.

The essentiality of the Regulating Act 1773 must be comprehended in a well-planned manner along with the comparison between several other charter acts such as Charter Act 1813, Charter Act 1853, and Morley-Minto Reforms

Regulating Act 1773 UPSC Notes PDF Download

The Regulating Act 1773 is an important topic to understand the beginning of British rule in India along with its administration. Students can download the Regulating Act 1773 Notes UPSC PDF to cover the topic in a detailed manner.

☛Download Regulating Act 1773 UPSC Notes

It is recognized the political and administrative functions of the Company and laid the foundations of central administration in India. The aspirants must have an in-depth knowledge of the core concepts and fundamentals to solve the questions in the exam with ease.

Reasons For Passing Regulating Act 1773

Due to an adverse crisis of finances, that lead to bankruptcy. The Act was passed by the British Government, you can note the reasons for passing the Regulating Act 1773 as listed here.

  • The officials of the company were accused of corruption and nepotism prevalence in the company.
  • There was a Dual form of administration that was introduced by Robert Clive that was subject to a lot of criticism. In accordance with the Dual form, the Company possessed Diwani rights while the Nawabs possessed Nizamat rights. Both were entrusted to the Company.
  • The company's main objective was to increase revenue, this lead to a surge in the suffering of the farmers and common people.

Regulating Act Of 1773- Important Points

You can check the key highlights and major characteristics of the Regulating Act of 1773 that have been presented in detail. The Regulating Act covered the territories under British control. This Act marked the beginning of the British expansion in India. Take a look at the essential points of this Act.

  • The East India Company was in a drastic crisis of finances and allegations of corruption and nepotism were rampant against company officials. The Company was heading to bankruptcy, while the servants were flourishing.
  • Succeeding the Battle of Buxar in 1764, the EIC received the Diwani Rights of Bengal, Bihar and Orissa and gradually, it started hindering and intefering in Indian affairs.
  • The Regulating Act 1773 was the foremost step taken by the British Government to monitor and govern the affairs of the East India Company in India.
  • There was a terrible famine and lawlessness in Bengal.
  • The Regulating Act of 1773 recognized the political and administrative functions of the Company and established the fundamentals of central administration in India.
  • The Governor of Bengal was designated as the ‘Governor-General of Bengal’ and established an Executive Council comprising four members for his assistance. The governors of Bombay and Madras were mandated to subordinate the Governor of Bengal.
  • The act led to the establishment and foundation of the Supreme Court at Calcutta (1774) consisting of one chief justice and three other judges. Sir Elijah Impey was the first Chief Justice.
  • The British Government strengthened its control over the EIC by ordering the Court of Directors to report the matters pertaining to the military, revenue, and civil affairs in India to the British authorities.
  • The Regulating Act 1773 also prohibited the servants of the EIC from engaging in any private trade or accepting gifts or bribes from Indians.

Drawbacks of Regulating Act 1773

Mark the drawbacks of the Regulating Act 1773 that has been established here. The aspirants must have an in-depth knowledge of all the parameters of the 1773 Regulating Act, to prepare well for the IAS exam. To eliminate the drawbacks of the Regulating Act of 1773 an Amendment Act was passed in 1781. It illustrated the relationship between the Supreme Court and the Governor General. It was also called the "Declaratory Act of 1771".

  • The Regulating Act 1773 did not address the grievances and issues of the Indian population who were paying taxes and revenue and could not mitigate corruption amongst the officials of the company.
  • The Supreme Court's powers were not well-specified.
  • As there was no mechanism to investigate the reports sent by the Governor-General in Council, the parliamentary control proved to be ineffective.
  • The Governor-General had no veto power.

☛ Also Read:- How to Crack UPSC Prelims in 30 Days

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Regulating Act 1773 FAQs

  • The Regulating Act 1773 was passed to control the territories of the East India Company majorly in Bengal by the British Parliament. The act also made the Governor of Bengal the ‘Governor-General of Bengal’. The governors of Bombay and Madras presidencies were made subordinate to the Governor of Bengal.

  • The Regulating Act was passed by the British Parliament, marking the beginning of British expansion. The main characteristics of passing the Regulating Act of 1773 are as listed here:

    • Address the issues arising because of Lord Clive's dual system of governance.
    • Solve the problem of the company’s administration in India.
    • Control the EIC, which had transformed from a corporate entity to a semi-sovereign political institution.
  • The essentiality of the Regulating Act of 1773 is that it was the foremost and primary step taken by the British Government to monitor and govern the affairs of the East India Company in India. The British Crown acknowledged the administrative and political functions of the Company for the first time.

  • The first Governor-General of Bengal was Warren Hastings, whereas the one renowned to be the first official Governor-General of British India was Lord William Bentinck. The Governor-General of the Dominion of India renowned to be the first was Lord Mountbatten.

  • The aspirants preparing for the IAS exam must comprehensively prepare for the Regulating Act 1773 to be able to answer the questions correctly in the exam. You can get access to the PDF by clicking on the link as facilitated here.

  • The British Parliament introduced the Regulating Act 1773 to command control over the territories possessed by the British. It is the concurrence reiterating the command over territories majorly of Bengal.

  • There were certain defects of the Regulating Act 1773 that has been listed here. Later in 1781, an Amendment Act was passed. The drawbacks are presented here:

    1. The Act could not mitigate corruption.
    2. It did not outline the powers of the Supreme Court properly.
    3. The Governor- General lacked any veto powers.
  • The Regulating Act of 1773 witnessed certain flaws and drawbacks such as it could not eliminate corruption and it did not properly bring forth the authority of the Supreme Court. In 1781 an Amendment Act was passed, also known as the "Declaratory Act of 1771". It highlighted the relationship between the Supreme Court and Governor-General.

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