How much fund was reserved for Education in India as per Charter Act of 1813?
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1 lakh rupees
ANSWER:
100,000 INR was the amount of fund reserved for Education in India as per Charter Act of 1813.
EXPLANATION:
The East India Company (EIC) Act 1813 or the Charter Act of 1813, was an Act of the Parliament of the UK that renewed the charter give out to the British EIC and carried on the Company's rule within India. It allotted INR 100,000 to promote and expand the education in India, and this compelled the EIC to accept responsibility for the Indian people education and shall be set apart for the resumption and enhancement of literature and encouragement of the learned natives of India, and for the introduction and promotion of a knowledge of the science amongst the natives of the British territories in India.
From 1813-1857, the company opened several schools and colleges under their control that set the base of the English system of education in India. European Christian Missionaries were allowed to come to India to "propagate English" and fasten education,and "preach their religion". Being inspired by this, several non-missionaries organisation were established which facilitated in developing India's education system.