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‘Privy Purse’ in the context of History of Modern India denotes
1. A grant given by the government of India to the erstwhile princes of India for integration and merger of their states in India.
2. It was also given by government of India to dignitaries for services rendered.
3. Privy purse was discontinued for most of Indian states after 28th amendment to Indian Constitution in 1973
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In India, the Privy Purse was a payment made to the royal families of erstwhile princely states as part of their agreements to first integrate with India in 1947, and later to merge their states in 1949 whereby they lost all ruling rights. The Privy Purse was continued to the royal families until the 26th Amendment in 1971, by which all their privileges and allowances from the Central Government would cease to exist.
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