A princely state called native state, feudatory state or Indian state, was a vassal state under a local or regional ruler in a subsidiary alliance with the British Raj. Though the history of the princely states of the subcontinent dates from at least the classical period of Indian history, the predominant usage of the term princely state refers to a semi-sovereign principality on the Indian subcontinent during the British Raj, not directly governed by the British, but rather by a local ruler, subject to a form of indirect rule on some matters. In actual fact, the imprecise doctrine of paramountcy allowed the government of British India to interfere in the internal affairs of princely states individually or collectively and issue edicts that applied to all of India when it deemed it necessary. At the time of the British withdrawal, 565 princely states were recognised in the Indian subcontinent, apart from thousands of thakurs, taluqdars and jagirs. In 1947, princely states covered 40% of area of pre-Independent India and constituted 23% of its population.
The most important states had their own British Political Residencies: Hyderabad and Travancore in the South followed by Jammu and Kashmir and Sikkim in the Himalayas, Indore in Central India. The most prominent among those – a quarter of the total – had the status of a salute state, one whose ruler was entitled to a set number of gun salutes on ceremonial occasions; the princely states varied in status and wealth. In 1941, Hyderabad had a population of over 16 million, while Jammu and Kashmir had a population of over 4 million. At the other end of the scale, the non-salute principality of Lawa covered an area of 49 km2, with a population of just below 3,000; some two hundred of the lesser states had an area of less than 25 km2. The era of the princely states ended with Indian independence in 1947. By 1950 all of the principalities had acceded to either India or Pakistan; the accession process was peaceful, except in the cases of Jammu and Kashmir, Junagadh. and Kalat. As per the terms of accession, the erstwhile Indian princes received privy purses, retained their statuses and autonomy in internal matters during a transitional period which lasted until 1956.
During this time, the former princely states were merged into unions, each of, headed by a former ruling prince with the title of Rajpramukh, equivalent to a state governor. In 1956, the position of Rajpramukh was abolished and the federations dissolved, the former principalities becoming part of Indian states; the states which acceded to Pakistan retained their status until the promulgation of a new constitution in 1956, when most became part of the province of West Pakistan. The Indian Government formally derecognised the princely families in 1971, followed by the Government of Pakistan in 1972. Though principalities and chiefdoms existed on the Indian subcontinent from at least the Iron Age, the history of princely states on the Indian subcontinent dates to at least the 5th–6th centuries C. E. during the rise of the middle kingdoms of India following the collapse of the Gupta Empire. Many of the future ruling clan groups – notably the Rajputs – began to emerge during this period; the widespread expansion of Islam during this time brought many principalities into tributary relations with Islamic sultanates, notably with the Mughal Empire.
In the south, the Hindu Vijayanagara Empire remained dominant until the mid-17th century. The Turco-Mongol Mughal Empire brought a majority of the existing Indian kingdoms and principalities under its suzerainty by the 17th century, beginning with its foundation in the early 16th century; the advent of Sikhism resulted in the Jat sikh creation of the Sikh Empire in the north by the early 18th century, by which time the Mughal Empire was in full decline. At the same time, the Marathas carved out their own states to form the Maratha Empire. Through the 18th century, former Mughal governors formed their own independent states. In the north-west, some of those – such as Tonk – allied themselves with various groups, including the Marathas and the Durrani Empire, itself formed in 1747 from a loose agglomeration of tribal chiefdoms that composed former Mughal territories. In the south, the principalities of Hyderabad and Arcot were established by the 1760s, though they nominally remained vassals of the Mughal Emperor.
India under the British Raj consisted of two types of territory: British India and the Native states or Princely states. In its Interpretation Act 1889, the British Parliament adopted the following definitions: The expression "British India" shall mean all territories and places within Her Majesty's dominions which are for the time being governed by Her Majesty through the Governor-General of India or through any govern
The British Raj was the rule by the British Crown in the Indian subcontinent from 1858 to 1947. The rule is called Crown rule in India, or direct rule in India; the region under British control was called British India or India in contemporaneous usage, included areas directly administered by the United Kingdom, which were collectively called British India, those ruled by indigenous rulers, but under British tutelage or paramountcy, called the princely states. The whole was informally called the Indian Empire; as India, it was a founding member of the League of Nations, a participating nation in the Summer Olympics in 1900, 1920, 1928, 1932, 1936, a founding member of the United Nations in San Francisco in 1945. This system of governance was instituted on 28 June 1858, after the Indian Rebellion of 1857, the rule of the British East India Company was transferred to the Crown in the person of Queen Victoria, it lasted until 1947, when it was partitioned into two sovereign dominion states: the Dominion of India and the Dominion of Pakistan.
At the inception of the Raj in 1858, Lower Burma was a part of British India. The British Raj extended over all present-day India and Bangladesh, except for small holdings by other European nations such as Goa and Pondicherry; this area is diverse, containing the Himalayan mountains, fertile floodplains, the Indo-Gangetic Plain, a long coastline, tropical dry forests, arid uplands, the Thar Desert. In addition, at various times, it included Aden, Lower Burma, Upper Burma, British Somaliland, Singapore. Burma was separated from India and directly administered by the British Crown from 1937 until its independence in 1948; the Trucial States of the Persian Gulf and the states under the Persian Gulf Residency were theoretically princely states as well as presidencies and provinces of British India until 1947 and used the rupee as their unit of currency. Among other countries in the region, Ceylon was ceded to Britain in 1802 under the Treaty of Amiens. Ceylon was part of Madras Presidency between 1793 and 1798.
The kingdoms of Nepal and Bhutan, having fought wars with the British, subsequently signed treaties with them and were recognised by the British as independent states. The Kingdom of Sikkim was established as a princely state after the Anglo-Sikkimese Treaty of 1861; the Maldive Islands were a British protectorate from 1887 to 1965, but not part of British India. India during the British Raj was made up of two types of territory: British India and the Native States. In its Interpretation Act 1889, the British Parliament adopted the following definitions in Section 18: The expression "British India" shall mean all territories and places within Her Majesty's dominions which are for the time being governed by Her Majesty through the Governor-General of India or through any governor or other officer subordinates to the Governor-General of India; the expression "India" shall mean British India together with any territories of any native prince or chief under the suzerainty of Her Majesty exercised through the Governor-General of India, or through any governor or other officer subordinates to the Governor-General of India.
In general, the term "British India" had been used to refer to the regions under the rule of the British East India Company in India from 1600 to 1858. The term has been used to refer to the "British in India"; the terms "Indian Empire" and "Empire of India" were not used in legislation. The monarch was known as Empress or Emperor of India and the term was used in Queen Victoria's Queen's Speeches and Prorogation Speeches; the passports issued by the British Indian government had the words "Indian Empire" on the cover and "Empire of India" on the inside. In addition, an order of knighthood, the Most Eminent Order of the Indian Empire, was set up in 1878. Suzerainty over 175 princely states, some of the largest and most important, was exercised by the central government of British India under the Viceroy. A clear distinction between "dominion" and "suzerainty" was supplied by the jurisdiction of the courts of law: the law of British India rested upon the laws passed by the British Parliament and the legislative powers those laws vested in the various governments of British India, both central and local.
At the turn of the 20th century, British India consisted of eight provinces that were administered either by a governor or a lieutenant-governor. During the partition of Bengal, the new provinces of Assam and East Bengal were created as a Lieutenant-Governorship. In 1911, East Bengal was reunited with Bengal, the new provinces in the east becam
A currency, in the most specific sense is money in any form when in use or circulation as a medium of exchange circulating banknotes and coins. A more general definition is that a currency is a system of money in common use for people in a nation. Under this definition, US dollars, pounds sterling, Australian dollars, European euros, Russian rubles and Indian Rupees are examples of currency; these various currencies are recognized as stores of value and are traded between nations in foreign exchange markets, which determine the relative values of the different currencies. Currencies in this sense are defined by governments, each type has limited boundaries of acceptance. Other definitions of the term "currency" are discussed in their respective synonymous articles banknote and money; the latter definition, pertaining to the currency systems of nations, is the topic of this article. Currencies can be classified into two monetary systems: fiat money and commodity money, depending on what guarantees the currency's value.
Some currencies are legal tender in certain political jurisdictions. Others are traded for their economic value. Digital currency has arisen with the popularity of the Internet. Money was a form of receipt, representing grain stored in temple granaries in Sumer in ancient Mesopotamia and in Ancient Egypt. In this first stage of currency, metals were used as symbols to represent value stored in the form of commodities; this formed the basis of trade in the Fertile Crescent for over 1500 years. However, the collapse of the Near Eastern trading system pointed to a flaw: in an era where there was no place, safe to store value, the value of a circulating medium could only be as sound as the forces that defended that store. A trade could only reach as far as the credibility of that military. By the late Bronze Age, however, a series of treaties had established safe passage for merchants around the Eastern Mediterranean, spreading from Minoan Crete and Mycenae in the northwest to Elam and Bahrain in the southeast.
It is not known what was used as a currency for these exchanges, but it is thought that ox-hide shaped ingots of copper, produced in Cyprus, may have functioned as a currency. It is thought that the increase in piracy and raiding associated with the Bronze Age collapse produced by the Peoples of the Sea, brought the trading system of oxhide ingots to an end, it was only the recovery of Phoenician trade in the 10th and 9th centuries BC that led to a return to prosperity, the appearance of real coinage first in Anatolia with Croesus of Lydia and subsequently with the Greeks and Persians. In Africa, many forms of value store have been used, including beads, ivory, various forms of weapons, the manilla currency, ochre and other earth oxides; the manilla rings of West Africa were one of the currencies used from the 15th century onwards to sell slaves. African currency is still notable for its variety, in many places, various forms of barter still apply; these factors led to the metal itself being the store of value: first silver both silver and gold, at one point bronze.
Now we have other non-precious metals as coins. Metals were mined and stamped into coins; this was to assure the individual accepting the coin that he was getting a certain known weight of precious metal. Coins could be counterfeited, but the existence of standard coins created a new unit of account, which helped lead to banking. Archimedes' principle provided the next link: coins could now be tested for their fine weight of metal, thus the value of a coin could be determined if it had been shaved, debased or otherwise tampered with. Most major economies using coinage had several tiers of coins of different values, made of copper and gold. Gold coins were the most valuable and were used for large purchases, payment of the military and backing of state activities. Units of account were defined as the value of a particular type of gold coin. Silver coins were used for midsized transactions, sometimes defined a unit of account, while coins of copper or silver, or some mixture of them, might be used for everyday transactions.
This system had been used in ancient India since the time of the Mahajanapadas. The exact ratios between the values of the three metals varied between different eras and places. However, the rarity of gold made it more valuable than silver, silver was worth more than copper. In premodern China, the need for credit and for a medium of exchange, less physically cumbersome than large numbers of copper coins led to the introduction of paper money, i.e. banknotes. Their introduction was a gradual process which lasted from the late Tang dynasty into the Song dynasty, it began as a means for merchants to exchange heavy coinage for receipts of deposit issued as promissory notes by wholesalers' shops. These notes were valid for temporary use in a small regional territory. In the 10th century, the Song dynasty government began to circulate these notes amongst the traders in its monopolized salt industry; the Song government granted several shops the right to issue banknotes, in the early 12th century the government took over these shops to produce state-issued currency.
Yet the banknotes issued w
The Silk Road was an ancient network of trade routes that connected the East and West. It was central to cultural interaction between the regions for many centuries; the Silk Road refers to the terrestrial routes connecting East Asia and Southeast Asia with East Africa, West Asia and Southern Europe. The Silk Road derives its name from the lucrative trade in silk carried out along its length, beginning in the Han dynasty; the Han dynasty expanded the Central Asian section of the trade routes around 114 BCE through the missions and explorations of the Chinese imperial envoy Zhang Qian. The Chinese took great interest in the safety of their trade products and extended the Great Wall of China to ensure the protection of the trade route. Trade on the Road played a significant role in the development of the civilizations of China, Japan, the Indian subcontinent, Iran/Persia, the Horn of Africa and Arabia, opening long-distance political and economic relations between the civilizations. Though silk was the major trade item exported from China, many other goods were traded, as well as religions, syncretic philosophies and technologies.
Diseases, most notably plague spread along the Silk Road. In addition to economic trade, the Silk Road was a route for cultural trade among the civilizations along its network. In June 2014, UNESCO designated the Chang'an-Tianshan corridor of the Silk Road as a World Heritage Site; the Indian portion is on the tentative site list. The Silk Road derives its name from the lucrative Asian silk, a major reason for the connection of trade routes into an extensive transcontinental network; the German terms Seidenstraße and Seidenstraßen were coined by Ferdinand von Richthofen, who made seven expeditions to China from 1868 to 1872. The term Silk Route is used. Although the term was coined in the 19th century, it did not gain widespread acceptance in academia or popularity among the public until the 20th century; the first book entitled The Silk Road was by Swedish geographer Sven Hedin in 1938. Use of the term'Silk Road' is not without its detractors. For instance, Warwick Ball contends that the maritime spice trade with India and Arabia was far more consequential for the economy of the Roman Empire than the silk trade with China, which at sea was conducted through India and on land was handled by numerous intermediaries such as the Sogdians.
Going as far as to call the whole thing a "myth" of modern academia, Ball argues that there was no coherent overland trade system and no free movement of goods from East Asia to the West until the period of the Mongol Empire. He notes that traditional authors discussing East-West trade such as Marco Polo and Edward Gibbon never labelled any route a "silk" one in particular; the southern stretches of the Silk Road, from Khotan to China, were first used for jade and not silk, as long as 5000 BCE, is still in use for this purpose. The term "Jade Road" would have been more appropriate than "Silk Road" had it not been for the far larger and geographically wider nature of the silk trade. Central Eurasia has been known from ancient times for its horse riding and horse breeding communities, the overland Steppe Route across the northern steppes of Central Eurasia was in use long before that of the Silk Road. Archeological sites such as the Berel burial ground in Kazakhstan, confirmed that the nomadic Arimaspians were not only breeding horses for trade but great craftsmen able to propagate exquisite art pieces along the Silk Road.
From the 2nd millennium BCE, nephrite jade was being traded from mines in the region of Yarkand and Khotan to China. These mines were not far from the lapis lazuli and spinel mines in Badakhshan, although separated by the formidable Pamir Mountains, routes across them were in use from early times; some remnants of what was Chinese silk dating from 1070 BCE have been found in Ancient Egypt. The Great Oasis cities of Central Asia played a crucial role in the effective functioning of the Silk Road trade; the originating source seems sufficiently reliable, but silk degrades rapidly, so it cannot be verified whether it was cultivated silk or a type of wild silk, which might have come from the Mediterranean or Middle East. Following contacts between Metropolitan China and nomadic western border territories in the 8th century BCE, gold was introduced from Central Asia, Chinese jade carvers began to make imitation designs of the steppes, adopting the Scythian-style animal art of the steppes; this style is reflected in the rectangular belt plaques made of gold and bronze, with other versions in jade and steatite.
An elite burial near Stuttgart, dated to the 6th century BCE, was excavated and found to have not only Greek bronzes but Chinese silks. Similar animal-shaped pieces of art and wrestler motifs on belts have been found in Scythian grave sites stretching from the Black Sea region all the way to Warring States era archaeological sites in Inner Mongolia and Shaanxi in China; the expansion of Scythian cultures, stretching from the Hungarian plain and the Carpathian Mountains to the Chinese Kansu Corridor, linking the Middle East with Northern India and the Punjab, undoubtedly played an important role in the development of the Silk Road. Scythians accompanied the Assyrian Esarhaddon on his invasion of Egypt, their distinctive triangular arrowheads have been found as far south as Aswan; these nomadic peoples were dependent upon neighbouring settled populations for a number of important technologies, in addition to raiding vulnerable settlements for these commod
Fair trade is an institutional arrangement designed to help producers in developing countries achieve better trading conditions. Members of the fair trade movement advocate the payment of higher prices to exporters, as well as improved social and environmental standards; the movement focuses in particular on commodities, or products which are exported from developing countries to developed countries, but consumed in domestic markets most notably handicrafts, cocoa, sugar, fresh fruit, chocolate and gold. The movement seeks to promote greater equity in international trading partnerships through dialogue and respect, it promotes sustainable development by offering better trading conditions to, securing the rights of, marginalized producers and workers in developing countries. Fair trade is grounded in three core beliefs. Secondly, the world trade practices that exist promote the unequal distribution of wealth between nations. Lastly, buying products from producers in developing countries at a fair price is a more efficient way of promoting sustainable development than traditional charity and aid.
Fair trade labelling organizations use a definition of fair trade developed by FINE, an informal association of four international fair trade networks: Fairtrade Labelling Organizations International, World Fair Trade Organization, Network of European Worldshops and European Fair Trade Association. Fair trade is a trading partnership, based on dialogue and respect, that seeks greater equity in international trade. Fair trade organizations, backed by consumers, are engaged in supporting producers, awareness raising, in campaigning for changes in the rules and practice of conventional international trade. There are several recognized fair trade certifiers, including Fairtrade International, IMO, Make Trade Fair and Eco-Social. Additionally, Fair Trade USA a licensing agency for the Fairtrade International label, broke from the system and implemented its own fair trade labelling scheme, which expanded the scope of fair trade to include independent smallholders and estates for all crops. In 2008, Fairtrade International certified of products.
The World Trade Organization publishes annual figures on the world trade of services. The fair trade movement is popular in the UK, where there are 500 Fairtrade towns, 118 universities, over 6,000 churches, over 4,000 UK schools registered in the Fairtrade Schools Scheme. In 2011, over 1.2 million farmers and workers in more than 60 countries participated in Fairtrade International's fair trade system, which included €65 million in fairtrade premium paid to producers for use developing their communities. According to Fairtrade International, nearly six out of ten consumers have seen the Fairtrade mark and nine in ten of them trust it; some criticisms have been raised about fair trade systems. One 2015 study in a journal published by the MIT Press concluded that producer benefits were close to zero because there was an oversupply of certification, only a fraction of produce classified as fair trade was sold on fair trade markets, just enough to recoup the costs of certification; some research indicates that the implementation of certain fair trade standards can cause greater inequalities in some markets where these rigid rules are inappropriate for the specific market.
In the fair trade debate there are complaints of failure to enforce the fair trade standards, with producers, cooperatives and packers profiting by evading them. One proposed alternative to fair trade is direct trade, which eliminates the overhead of the fair trade certification, allows suppliers to receive higher prices much closer to the retail value of the end product; some suppliers use relationships started in a fair trade system to autonomously springboard into direct sales relationships they negotiate themselves, whereas other direct trade systems are supplier-initiated for social responsibility reasons similar to a fair trade system. There are a large number of fair trade and ethical marketing organizations employing different marketing strategies. Most fair trade marketers believe it is necessary to sell the products through supermarkets to get a sufficient volume of trade to affect the developing world; the Fairtrade brand is by far the biggest of the fair trade coffee brands. Packers in developed countries pay a fee to The Fairtrade Foundation for the right to use the brand and logo.
Packers and retailers can charge as much. The coffee has to come from a certified fair trade cooperative, there is a minimum price when the world market is oversupplied. Additionally, the cooperatives are paid an additional 10c per lb premium by buyers for community development projects; the cooperatives can, on average, sell only a third of their output as fair trade, because of lack of demand, sell the rest at world prices. The exporting cooperative can spend the money in several ways; some go to meeting the costs of conformity and certification: as they have to meet fair trade standards on all their produce, they have to recover the costs from a small part of their turnover, sometimes as little as 8%, may not make any profit. Some meet other costs; some is spent on social projects such as health clinics and baseball pitches. Sometimes there is money left over for the farmers; the cooperatives sometimes pay farmers a higher price than farmers do, sometimes less, but there is no evidence on, more common.
The marketing system for fair trade and non-fair trade coffee is
The Kingdom of Travancore was an Indian kingdom from 1500 until 1949. It was ruled by the Travancore Royal Family from Padmanabhapuram, Thiruvananthapuram. At its zenith, the kingdom covered most of modern-day central and southern Kerala with the Thachudaya Kaimal's enclave of Irinjalakuda Koodalmanikkam temple in the neighbouring Kingdom of Cochin, as well as the district of Kanyakumari, now in the Indian state of Tamil Nadu; the official flag of the state was red with a dextrally-coiled silver conch shell at its center. In the early 19th century, the kingdom became a princely state of the British Empire; the Travancore Government took many progressive steps on the socio-economic front and during the reign of Maharajah Sri Chithira Thirunal Balarama Varma, Travancore became the second most prosperous princely state in British India, with reputed achievements in education, political administration, public work and social reforms. The regions had many small independent kingdoms. During the peak time of Chera-Chola-Pandya, this region became a part of the Chera Kingdom.
During that era, when the region was part of the Chera empire, it was still known as Thiruvazhumkode. It was contracted to Thiruvankode, anglicised by the English to Travancore. In course of time, the Ay kingdom, part of the Chera empire, which ruled the Thiruvazhumkode area, became independent, the land was called Aayi desam or Aayi rajyam, meaning'Aayi territory'; the Aayis controlled the land from present-day Kollam district in the north, through Thiruvananthapuram district, all in Kerala, to the Kanyakumari district. There were the major one at Kollam and a subsidiary one at Thrippapur; the kingdom was thus called Venad. Kings of Venad had, at various times, travelled from Kollam and built residential palaces in Thiruvithamcode and Kalkulam. Thiruvithamcode became the capital of the Thrippapur Swaroopam, the country was referred to as Thiruvithamcode by Europeans after the capital had been moved in 1601 to Padmanabhapuram, near Kalkulam; the Chera empire had dissolved by around 1100 and thereafter the territory comprised numerous small kingdoms until the time of Marthanda Varma who, as king of Venad from 1729, employed brutal methods to unify them.
During his reign, Thiruvithamcode or Travancore became the official name. The Kingdom of Travancore was located at the extreme southern tip of the Indian subcontinent. Geographically, Travancore was divided into three climatically distinct regions: the eastern highlands, the central midlands, the western lowlands. Venad was a former state at the tip of the Indian Subcontinent, traditionally ruled by rajas known as the Venattadis. Till the end of the 11th century AD, it was a small principality in the Ay Kingdom; the Ays were the earliest ruling dynasty in southern Kerala, who, at their zenith, ruled over a region from Nagercoil in the south to Trivandrum in the north. Their capital during the first Sangam age was in Aykudi and towards the end of the 8th century AD, was at Quilon. Though a series of attacks by the resurgent Pandyas between the 7th and 8th centuries caused the decline of the Ays, the dynasty was powerful till the beginning of the 10th century; when the Ay power diminished, Venad became the southernmost principality of the Second Chera Kingdom.
An invasion of the Cholas into Venad caused the destruction of Kollam in 1096. However, the Chera capital, Mahodayapuram fell in the subsequent Chola attack, which compelled the Chera king, Rama varma Kulasekara, to shift his capital to Kollam. Thus, Rama Varma Kulasekara, the last emperor of the Chera dynasty, is the founder of the Venad royal house, the title of the Chera kings, was thenceforth kept by the rulers of Venad, thus the end of the Second Chera dynasty in the 12th century marks the independence of Venad. In the second half of the 12th century, two branches of the Ay Dynasty and Chirava, merged in the Venad family, which set up the tradition of designating the ruler of Venad as Chirava Moopan and the heir-apparent as Thrippappur Moopan. While the Chrirava Moopan had his residence at Kollam, the Thrippappur Moopan resided at his palace in Thrippappur, 9 miles north of Thiruvananthapuram, was vested with the authority over the temples of Venad kingdom the Sri Padmanabhaswamy temple.
The history of Travancore began with Marthanda Varma, who inherited the kingdom of Venad, expanded it into Travancore during his reign. After defeating a union of feudal lords and establishing internal peace, he expanded the kingdom of Venad through a series of military campaigns from Kanyakumari in the south to the borders of Kochi in the north during his 29-year rule; this rule included Travancore-Dutch War between the Dutch East India Company, allied to some of these kingdoms and Travancore. In 1741, Travancore won the Battle of Colachel against the Dutch East India Company, resulting in the complete eclipse of Dutch power in the region. In this battle, the admiral of the Dutch, Eustachius De Lannoy, was captured and defected to Travancore. De Lannoy was appointed as Captain of His Highness' Body-guard and Senior Admiral and he modernised the Travancore army by introducing firearms and artillery. Travancore became the most dominant state in the Kerala region by defeating the powerful Zamorin of Kozhikode in the battle of Purakkad in 1755.
Ramayyan Dalawa, the Prime Minister of Marthanda Varma played an important role in this consolidation and expansion. On 3 J
Presidencies and provinces of British India
The Provinces of India, earlier Presidencies of British India and still earlier, Presidency towns, were the administrative divisions of British governance in India. Collectively, they were called British India. In one form or another, they existed between 1612 and 1947, conventionally divided into three historical periods: Between 1612 and 1757 the East India Company set up "factories" in several locations in coastal India, with the consent of the Mughal emperors or local rulers, its rivals were the merchant trading companies of Portugal, the Netherlands and France. By the mid-18th century three "Presidency towns": Madras and Calcutta, had grown in size. During the period of Company rule in India, 1757–1858, the Company acquired sovereignty over large parts of India, now called "Presidencies". However, it increasingly came under British government oversight, in effect sharing sovereignty with the Crown. At the same time it lost its mercantile privileges. Following the Indian Rebellion of 1857 the Company's remaining powers were transferred to the Crown.
In the new British Raj, sovereignty extended such as Upper Burma. However, unwieldy presidencies were broken up into "Provinces". In 1608, Mughal authorities allowed the English East India Company to establish a small trading settlement at Surat, this became the company's first headquarters town, it was followed in 1611 by a permanent factory at Machilipatnam on the Coromandel Coast, in 1612 the company joined other established European trading companies in Bengal in trade. However, the power of the Mughal Empire declined from 1707, first at the hands of the Marathas and due to invasion from Persia and Afghanistan. By the mid-19th century, after the three Anglo-Maratha Wars the East India Company had become the paramount political and military power in south Asia, its territory held in trust for the British Crown. Company rule in Bengal from 1793, ended with the Government of India Act 1858 following the events of the Bengal Rebellion of 1857. From known as British India, it was thereafter directly ruled by the British Crown as a colonial possession of the United Kingdom, India was known after 1876 as the Indian Empire.
India was divided into British India, regions that were directly administered by the British, with Acts established and passed in British Parliament, the Princely States, ruled by local rulers of different ethnic backgrounds. These rulers were allowed a measure of internal autonomy in exchange for British suzerainty. British India constituted a significant portion of India both in population. In addition, there were French exclaves in India. Independence from British rule was achieved in 1947 with the formation of two nations, the Dominions of India and Pakistan, the latter including East Bengal, present-day Bangladesh; the term British India applied to Burma for a shorter time period: starting in 1824, a small part of Burma, by 1886 two-thirds of Burma had come under British India. This arrangement lasted until 1937, when Burma commenced being administered as a separate British colony. British India did not apply to other countries in the region, such as Sri Lanka, a British Crown colony, or the Maldive Islands, which were a British protectorate.
At its greatest extent, in the early 20th century, the territory of British India extended as far as the frontiers of Persia in the west. It included the Aden in the Arabian Peninsula; the East India Company, incorporated on 31 December 1600, established trade relations with Indian rulers in Masulipatam on the east coast in 1611 and Surat on the west coast in 1612. The company rented a small trading outpost in Madras in 1639. Bombay, ceded to the British Crown by Portugal as part of the wedding dowry of Catherine of Braganza in 1661, was in turn granted to the East India Company to be held in trust for the Crown. Meanwhile, in eastern India, after obtaining permission from the Mughal Emperor Shah Jahan to trade with Bengal, the Company established its first factory at Hoogly in 1640. A half-century after Mughal Emperor Aurengzeb forced the Company out of Hooghly due to tax evasion, Job Charnock purchased three small villages renamed Calcutta, in 1686, making it the Company's new headquarters.
By the mid-18th century, the three principal trading settlements including factories and forts, were called the Madras Presidency, the Bombay Presidency, the Bengal Presidency — each administered by a Governor. Madras Presidency: established 1640. Bombay Presidency: East India Company's headquarters moved from Surat to Bombay in 1687. Bengal Presidency: established 1690. After Robert Clive's victory in the Battle of Plassey in 1757, the puppet government of a new Nawab of Bengal, was maintained by the East India Company. However, after the invasion of Bengal by the Nawab of Oudh in 1764 and his subsequent defeat in the Battle of Buxar, the Company obtained the Diwani of Bengal, which included the right to administer and collect land-revenue in Bengal