Charter Act, 1833
Company’s Trade Situation: The lease of 20 years provided to the Company (under Charter Act, 1813) for the possession of territories and the revenue collection was further extended. However, the Company’s monopoly over trade with China and in tea ended.
- European Immigration: All restrictions on European immigration and the acquisition of property in India were lifted which paved the way for the wholesale European colonisation of India.
- Introduction of Governor-General of India: The post name of Governor-General of Bengal was converted into "Governor-General of India". He was given the power to superintend, control and direct all civil and military affairs ....