• India comes under direct British rule after an unsuccessful rebellion in north India.

  • British rule concludes and the sub-continent is divided into two states: a Hindu-majority India and a Muslim-majority Pakistan. Widespread violence ensues. Hostility between the two newly created nations persists for decades with the nations going to war in 1948, 1964, and 1971.

  • An economic reform program begins in an attempt to open the Indian economy to global trade and investment.

  • The United States imposes economic sanctions on India after India conducts underground nuclear tests. These sanctions remained in place until 2001.

  • India launches its largest-ever rural job scheme, which aims to lift around 60 million families out of poverty.
  • India displaces China as the world's largest importer of arms.

  • China and India reveal a monumental economic deal, in which China plans to invest $20 billion in India over the next five years, with the construction of two industrial parks. 

  • In a surprise announcement, the government withdraws high denomination notes from circulation causing chaotic scenes at banks across the country as customers try to exchange old notes.

  • After an attack by the Pakistan-based Jaish-e Mohammad jihadist group on security forces' convoy in Kashmir, India continues to clash with Pakistan.


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