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What did the Charter Act of 1813 state?

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What did the Charter Act of 1813 state?

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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. Here are the main points that the Charter Act of 1813 stated:

  1. Trade Monopoly Ended: The Act ended the trade monopoly of the East India Company in India except for trade in tea and trade with China.

  2. British Sovereignty on Territories: The territories in possession of the Company were declared to be the territories of the British Crown.

  3. Promotion of Education: The Act directed that out of the revenues of the Company, a sum of Rs. 1 lakh would be set apart for revival and promotion of education in India.

  4. Religious Freedom: The Act allowed the Christian missionaries to propagate English and preach their religion in India.

  5. License for Trade: The Act allowed the Indians to trade with Europe under a license.

  6. Company’s Debt: The Act stated that the Company's debt was to be reduced.

  7. Introduction of Civil and Criminal Courts: The Act led to the establishment of civil and criminal courts in districts.

  8. Expansion of British Rule: The Act also aimed at the expansion of the British rule in

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