Question

what are economic issues and princely states

Answer 1

A princely state, also called native state (legally, under the British) or Indian state (for those states on the subcontinent), was a vassal state[1] 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 specifically refers to a semi-sovereign principality on the Indian subcontinent during the British Raj that was not directly governed by the British, but rather by a local ruler, subject to a form of indirect rule on some matters; similar political entities also existed on or in the region of the Arabian Peninsula, in Africa and in Malaya, and which were similarly recognised under British rule,[2] subject to a subsidiary alliance and the suzerainty or paramountcy of the British Crown. Oman, Zanzibar and the Trucial States were also under the Viceroy of India, and were administered by their rulers in the same manner as the Indian princely states, as part of the Persian Gulf Residency; they were officially categorised as British protectorates, with differing degrees of autonomy.