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 Company rule Economy of India under Company rule The Economy of India under Company rule describes the economy of those regions (contemporaneously British India) that fell under Company rule in India during the years 1757 to 1858. The British East India Company began ruling parts of the Indian subcontinent beginning with the Battle of Plassey, which led to the conquest of Bengal Subah and the founding of the Bengal Presidency, before the Company expanded across most of the subcontinent up until the Indian Rebellion of 1857. A number of historians point to the colonization of India as a major factor in both