What were the main features of the Charter Act of 1833?

The Industrial Revolution had made Britain a manufacturer of cotton textiles and other factory goods. A vast country like lndia could consume a large number of manufactured goods and provide raw materials as well. Industrialists were keen to conquer the vast lndian markets. The East India Company served the ends of British imperialism. Their restrictive policies had led to the ruin of indigenous industries. Laissez Faire had become the basic philosophy of the new industrial policy in Britain. There was a popular desire to free trade from restrictions and monopolies. When it wastime for the renewal of the Charter in 1833 there was widespread agitation for abolition of the Company and take over of administration by the Crown. A Parliamentary enquiry was held. The political atmosphere in Britain _______ _____ _________ __________ ____ _________ _________ ____.
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