Tamil Nadu Timeline

LegislationEast India Company rule

Charter Act of 1813

· London

Renewing the Company's charter, Parliament abolished its India trade monopoly, admitted missionaries and funded education.

Under the Charter Act 1813 the East India Company kept its charter and its government of India. Its exclusive right to trade with India was abolished, though tea and the China trade were exempted, so private British merchants and cheap mill-made cloth gained access to Indian markets. Christian missionaries were allowed into India to pursue religious and educational work. A sum of one lakh rupees a year was earmarked for education. In the Madras Presidency, mission work and mission schools spread through the Tamil districts afterwards, while handloom weavers came under pressure.

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