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Government bond yield and interest rate. I a viceroy was appointed in india. 106 passed on august 2 1858. The government of india act 1858 was an act of the british parliament that transferred the government and territories of the east india company to the british crown.
Queen victoria issued a proclamation on 1 november 1858 placing india under the direct government of the crown whereby. Its provisions called for the liquidation of the british east india company and the transference of its functions to the british crown. Lord palmerston then prime minister of the united kingdom introduced a bill for the transfer of control of the government of india from the east india company to the crown referring to the grave defects in the existing system of the government of india.
The government of india act 1858 was a formal than substantial change. On august 2 1858 less than a month after canning proclaimed the victory of british arms parliament passed the government of india act transferring british power over india from the east india company whose ineptitude was primarily blamed for the mutiny to the crown. A 1858 government of india act 1858 a 1858 b e a ii i u.
The government of india act 1858 was an act of the parliament of the united kingdom passed on 2 august 1858. Its provisions called for the liquidation of the british east india company and the transference of its functions to the british crown. Government of india act 1858 summary article shared by the british crown assumed sovereignty over india from the east india company which was to be exercised by the secretary of state for india assisted by the council of india 15 members exclusively english in composition which was primarily an advisory body.
Iv religious freedom was restored and v equal treatment promised to indians. Government of india act of 1858. Government of india act 1858 in hindi a b l a i 1857.
The companys rule over british territories in india came to an end and it was passed directly to the british government. Lord palmerston then prime minister of the united kingdom introduced a bill for the transfer of control of the government of india from the east india company to the crown referring to the grave defects in the existing system of the government of india. The government of india act 1858 was an act of the parliament of the united kingdom 21 22 vict.
The merchant companys residual powers were. Crown had already steadily increasing its control over the companys affairs since the beginning of its territorial sovereignty. Its provisions called for the liquidation of the british east india company who had up to this point been ruling british india under the auspices of parliament and the transference of its functions to the british crown.
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