Which Charter Act first granted one lakh rupees for the cause of Education of Indians?

The Charter Act of 1813, also known as the East India Company Act 1813 was passed by the British parliament. It was the renewal of East India Company's charter.

Important Points

The Charter Act of 1813 laid the foundation of modern Indian Education.

• Through the act, the company undertook the responsibility of educating Indians.
• The company granted an expenditure of One Lakh rupees each year for the education of Indians.
• The charter act granted permission to missionaries to establish their modern English schools in India.
• The charter act aimed at the improvement of Indian literate and the promotion of knowledge of sciences among the Indian natives.
• Another motive of the act was the revival and improvement of literature.

From the above, we can conclude that the Charter Act of 1813 AD first granted one lakh rupees for the cause of the Education of Indians.