Separatist movements of India the ruler of the princely state of Jammu and Kashmir in 1925, and he was the reigning monarch at the conclusion of British rule in the subcontinent in 1947. With the impending independence of India, the British announced that the British Paramountcy over the princely states would end, and the states were free to choose between the new Dominions of India and Pakistan or to remain independent. It was emphasized that independence was only a `theoretical possibility' because, during the long rule of the British in India, the states had come to depend on British Indian government for a variety
Economy of India under the British Raj economy of early 20th-century British India (11.2%). In terms of urbanization, Mughal India also had a higher percentage of its population (15%) living in urban centers in 1600 than British India did in the 19th century. A number of modern economic historians have blamed the colonial rule for the dismal state of India's economy, with investment in Indian industries limited since it was a colony. Under British rule, India experienced deindustrialization: the decline of India's native manufacturing industries. The economic policies of the British Raj caused a severe decline in the handicrafts and handloom sectors, with reduced demand and dipping