History of the British Raj
The history of the British Raj refers to the period of British rule on the Indian subcontinent between 1858 and 1947. The system of governance was instituted in 1858 when the rule of the East India Company was transferred to the Crown in the person of Queen Victoria (who in 1876 was proclaimed Empress of India). It lasted until 1947, when the British provinces of India were partitioned into two sovereign dominion states: the "Dominion of India" and the "Dominion of Pakistan", leaving the princely states to choose between them. The two new dominions later became the Republic of India and the Islamic Republic of Pakistan (the eastern half of which, still later, became the People's Republic of Bangladesh). The province of Burma in the eastern region of the Indian Empire had been made a separate colony in 1937 and became independent in 1948.
Coins of British India
British trading posts in India were first established by the East India Company (EIC) early in the seventeenth century, which quickly evolved into larger colonies covering a significant part of the subcontinent. Early settlements or factories included Masulipatnam (1611) and Madras (1640) in the south, Surat (1612) in the west, and modern-day Kolkata (1698–99) in the east. These colonies gave rise to Madras Presidency, Bombay Presidency, and Bengal Presidency, and each Presidency had a separate coinage and monetary system. In 1835, the EIC adopted a unified system of coinage throughout all British possessions in India and the older Presidency system was discontinued. After the Indian Rebellion of 1857, control of EIC territories passed to the British Crown. Coinage issued after 1857 were under the authority of the monarch as India became part of the British Empire. With the Royal Titles Act 1876, Victoria took the title "Empress of India", so in 1877 coin inscriptions changed from to . There was a transition period after India gained independence on 15 August 1947, and the first set of republic India coins were issued in 1950.