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Charter Act of India 1833
Charter Act of India 1833
1833
Charter Act of 1833 was the outcome of Industrial Revolution in England
which envisages that Indian’s had to function as market for the English
mass production on the basis of ‘Laissez Faire’. This act replaced the
office of Governor-General of Bengal with the Governor-General of India.
This was an Act of the Parliament of the United Kingdom that gave East India
Company to rule India for another 20 years. The act legalized the British
colonization of India and the territorial possessions of the company but were
held “in trust for his majesty” for the service of Government of India.
Main Features
This act allowed wider space to the British in the India’s administration. It
ended the British India Company's commercial activities and transformed into
the British Crown’s trustee in administering India.