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Saved by @Mollyycolllinss

Today is also death anniversary of P.V.Narasimha Rao, the man who liberalized the Indian economy, and opened it up. And more than anything else, provided the much needed stability for India in the turbulent 90s. One of the best PMs IMO. #PVNarasimhaRao

 The man who dismantled India's Licence Raj, opened up relations with Israel, adopted a Look East Policy. P.V.Narasimha Rao took over as PM, when India was faced with multiple challenges both on political and economic front in 1991.
Assasination of Rajiv Gandhi, Economic crisis, India was facing a bleak scenario, in 1991 when PVNR became the PM. It is to PVNR's credit that when he stepped down as PM in 1996,more people in India were optimistic about their future, more confident. #PVNarasimhaRao
I was one of those who grew up during the PVNR era, experienced the initial changes he bought along. He introduced far sweeping reforms( forced or otherwise) , when he was just running a minority Govt dependent on allies support. #PVNarasimhaRao
Heading a minority Govt,PVNR managed to pass through crucial bills on economy, not a mean feat at all. He had to deal with the Nehruvian-Socialist lobby in his own party, apart from the Left, but managed to push through the economic reforms. #PVNarsimhaRao
Abolishing Controller of Capital Issues in 1992, was one of the reforms done by PVNR, also introducing the SEBI act.Indian firms were permitted to raise capital in foreign markets using GDR's thanks to PVNR, as also allowing FII's in equity markets.
#PVNarasimhaRao
Best thing about PVNR, he would reach out to Opposition leaders on any vital issues, and get their assistance. One masterstroke by PVNR was sending Vajpayee and Salman Khurshid to Geneva Human Rights conference on Kashmir. #PVNarsimhaRao
Benazir Bhutto placed a human rights resolution on Kashmir at Geneva, PVNR sent Vajpayee, Salman Khurshid to counter it, brilliant move, Both ABV and Salman Khurshid ensured that Pak sponsored resolution on Kashmir at Geneva was defeated, main brain behind was #PVNarasimhaRao
It was PVNR who started diplomatic relations with Israel in 1992, another bold step in foreign relations. Look East policy which emphasized on stronger ties with ASEAN, East Asian nations was again started by #PVNarsimhaRao
PVNR appointed
@Swamy39
as Chairman of Commission on Labor Standards in 1994, perhaps first time an Oppn member was given Cabinet Rank post. He also started the cultivate Teheran policy, going closer to Iran, and also more friendly ties with Beijing too.
The world changed dramatically post Cold War, and to his credit PVNR managed the international relations well in that scenario. Incidentally PVNR cultivating better ties with China and Iran, was also a strategic step, to build up a front against Pakistan. #PVNarasimhaRao
Pak's resolution on Kashmir at Geneva failed in 1994, coz both China, Iran opposed it, efforts of PVNR to improve relations with em worked.Pokhran-II again had it's roots in the Nuclear Security, Ballistic Missiles program started by PVNR, who laid the foundation for it.
Another success of PVNR was in crushing out the separatist movement in Punjab, giving a free hand to CM Beant Singh and KPS Gill. Can never forgive MMS for the way he turned his back on PVNR #PVNarsimhaRao
On the flip side, PVNR's regime was notorious for it's scams, right from Harshad Mehta to Sugar Scam to Sukh Ram. Too many scams broke out in his regime, one reason why he never really got the credit he deserved, it remained a black spot on him. #PVNarsimhaRao
PVNR's later years were not good, had to quit in disgrace,financial troubles, and then shabbily treated in his death too. He was also a scholar, a polyglot fluent in around 17 languages among em Telugu, Marathi, Hindi, English, French, Urdu. #PVNarsimhaRao
He also translated Viswanatha Satyanarayana's Veyi Padagalu into Hindi and Hari Narayan Apte's Marathi novel Pan Lakshat Kon Gheto. #PVNarsimhaRao
PVNR was not a Reagan or Thatcher, he was more middle of the road, Centrist kind, ala Wily Brandt and guess it was needed then. He laid the foundation for ABV to follow, and he did so while heading a minority Govt. #PVNarsimhaRao
can only say one thing when PVNR took over as PM in 1991, I was doubtful about India's future, when he left in 1996, I was more confident. And that I think is his greatest achievement, he made many Indians like me believe in the country, and more confident of it's future
When he became PM in 1991,both Punjab, TN were reeling under terrorism, when he stepped down in 1996, it was crushed out in both states. And the country was far more stable. #PVNarasimhaRao
Congress might have forgotten PVNR, but he will always live on in the memories of many ordinary Indians like me for his contribution. Most of the younger generation is unaware of PVNR's contribution, they think that MMS was the one who bought in economic reforms.
Apart from this PVNR was also a freedom fighter, took part in the struggle against British as well as the Nizam. He was arrested during Nizam time, for hoisting the National flag in OU Hostel, later targeted by the Razakars too. #PVNarsimhaRao
Some links here, how PVNR was humiliated in his final days by Madam and her lackeys, even worse MMS being the PM, did not even lift a finger at least out of courtesy for the man who bought him into limelight.
https://t.co/chDEUxcBFc
Excerpt from Half Lion by Vijay Sitapati, on how PVNR was humiliated in death, not even given a proper funeral thanks to Madam and her gang. Even worse not a single English media outlet reported this shabby treatment to PVNR.
https://t.co/KkmTK3NlrL
As a former Prime Minister, PVNR, was entitled to a state funeral, but he was not even given a decent dignified funeral, thanks to Madam's petty mindset. And what was worse the English media, did not even report this at all
It is really disgusting that in a country, where even movie stars get a state funeral nowadays, a scholar, a gentleman, a reformer, a leader who served the country with distinction like P.V.Narasimha Rao was treated so shabbily in death.
On his death anniversary today, my #Naman once again to Pamulaparthi Venkata Narasimha Rao aka P.V.Narasimha Rao, as some one from that era, will forever be grateful to what he did for India. Salute sir wherever you are.

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#TodayInHistory Masterda Surya Sen is brutally tortured and executed by the British in 1934. The hero behind the Chittagong armory raid, that shook the British like never before. A truly great revolutionary.


Masterda was the one who led one of the largest ever raids on the British at Chittagong, attacking their armory, cantonment, the exclusive Europeans only club there and the telegraph office there.

Never had the British witnessed such a massive assault on their institutions, in such a coordinated manner. Though the raid was suppressed and it’s perpetrators arrested, the message it had sent out to Indians was clear, take up the arms against the British rule.

The man who shook the British so much in Bengal, was born in a small village called Noapara, near Chittagong( now in Bangladesh) in 1894. His father, Ramniranjan Sen was a teacher himself.

As an intermediate student in 1916, while studying at Chittagong, he learnt about the history of the Indian freedom movement from his teachers. Motivated by one of his teachers, he joined the Anushilan Samiti, one of the noted revolutionary groups in Bengal then.
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#TodayInHistory Ram Prasad Bismil,Ashfaqullah Khan and Roshan Singh are hanged in 1927, as they give up their life for the cause of freedom and inspire many a revolutionary. #LestWeForget


Shahjahanpur was a hub of revolution during the freedom struggle. Most of the revolutioaries in the North, were from this town. And among them, the most famous were two friends, whom destiny would bring together- Ram Prasad Bismil and Ashfaqullah Khan.

Ashfaqullah Khan was born at the turn of the 20th century on October 22, while Bismil was born 3 years earlier on June 11, in the same town. Both of them were excellent writers in Urdu and Hindi.

Both of them would come together under the Hindustan Republican Association, not to mention the fact that Ashfaq was an admirer of Bismil’s poetry, and became close friends with him on that account.

And both these men were hanged on the same date, December 19, 1927 for their involvement in the Kakori event. Two men from different religions, different backgrounds, yet destiny would bring them together.
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Today is Jayanti of Udham Singh, the man who assasinated General O Dwyer, responsible for the Jallianwala Bagh massacre and the atrocities that followed, a true hero.


His real name was Sher Singh, born on Dec 26, 1899, to a poor peasant family in Punjab’s Sangrur district. His father, Tehl Singh, worked as a railway gate keeper at a level crossing in the Uppali village of Punjab.

Having lost both his parents when he was small, he along with his brother Mukta Singh, grew up in the Central Khalsa Orphanage in Amritsar. Following the Sikh initiation rites, he got the name of Udham Singh.

In 1919, he left the orphanage after passing the matriculation exam. In that year Punjab was in turmoil, with massive protests breaking out against the British rule.

Around 1500 Indian civilians, in Amritsar, protesting against the deportation of nationalist leaders, Dr.Saifuddin Kitchlew and Satyapal Dang, were brutally massacred at Jallianwala Bagh in Amritsar. While Gen Dyer led the carnage, he was backed by the Lt. Governor O’Dwyer.
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@HistorifyNow
Today is Jayanti of Malhar Rao Holkar, founder of the Holkar dynasty, developed Indore into a major city. One of the powerful Maratha leaders who asserted themselves post Panipat, when the Marathas became a confederacy of various other kingdoms.


After the disaster at Panipat, Madhavrao I, became the Peshwa on June 23, 1761, at a very young age of 16. He managed to bring the administration back into track, and also secured the treasury that was being looted. He had the unenviable task of rebuilding the Maratha Empire

Madhavrao I’s reign however would be remembered for the creation of the semi autonomous Maratha states in the Deccan and the North, it was a tactical decision to keep the Maratha empire intact.

While the Peshwas ruled over Pune, in the Western part of India, Pilaji Rao Gaekwad captured Baroda from the Mughals in 1721, leading to the establishment of the Gaekwad dynasty there. The Peshwa authority by now had considerably eroded post Panipat

In Central India, Ranoji Scindia, a patil from Satara district, commanded the Maratha invasion of Malwa, under Peshwa Baji Rao and became subedar of the province in 1736. He established his own capital at Ujjain in 1731, and later in 1810 moved to Gwalior,
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Today is Jayanti of Satyendranath Bose or more popularly known as S.N.Bose. Well known for the Bose-Einstein condensate theory. And also a class of particles called Bosons named after him by Paul Dirac. One of the great scientists of modern era.


But then again to call S.N.Bose just a scientist, would be akin to calling Leonardo Da Vinci a mere painter. Much like his other namesake and contemporary, J.C.Bose, he was a polymath, equally adept in music, literature,mineralogy.

The multi facted genius was born on January 1, 1894 in a middle class Kolkata family, his father Surendranath Bose, an accountant in the East India Railway Company. The only son in a family that had six daughters after him.

Bought up by his mother Amodini Devi, he later joined the New Indian School in the Goabagan neigbhorhood of Kolkata. Seeing his skills at mathematics, his father encouraged him more by giving problems to solve.

Joining the prestigious Hindu School in 1907 at the age of 13, he soon got recognition as an oustanding student in maths and science. His maths teacher, believed he could be the next Pierre Laplace.
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Jacob Wohl, for those out of loop, gained quite a bit of notoriety for becoming the youngest guy to ever get himself barred for life from the financial industry. Now he's waiting in our lobby to pitch something. We're a large merchant bank. 2/

Send him in, we said. In walks young Jacob asking to be seeded with $25mm to start a new hedge fund in exchange for an ownership stake in it. Oh, & he needs an office. And a Bloomberg station. And needs to borrow staff until he can hire some guys. And he needs a leased car... 3/

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So, as the #MegaMillions jackpot reaches a record $1.6B and #Powerball reaches $620M, here's my advice about how to spend the money in a way that will truly set you, your children and their kids up for life.

Ready?

Create a private foundation and give it all away. 1/

Let's stipulate first that lottery winners often have a hard time. Being publicly identified makes you a target for "friends" and "family" who want your money, as well as for non-family grifters and con men. 2/

The stress can be damaging, even deadly, and Uncle Sam takes his huge cut. Plus, having a big pool of disposable income can be irresistible to people not accustomed to managing wealth. https://t.co/fiHsuJyZwz 3/

Meanwhile, the private foundation is as close as we come to Downton Abbey and the landed aristocracy in this country. It's a largely untaxed pot of money that grows significantly over time, and those who control them tend to entrench their own privileges and those of their kin. 4

Here's how it works for a big lotto winner:

1. Win the prize.
2. Announce that you are donating it to the YOUR NAME HERE Family Foundation.
3. Receive massive plaudits in the press. You will be a folk hero for this decision.
4. Appoint only trusted friends/family to board. 5/
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Krugman is, of course, right about this. BUT, note that universities can do a lot to revitalize declining and rural regions.


See this thing that @lymanstoneky wrote:

And see this thing that I wrote:

And see this book that @JamesFallows wrote:

And see this other thing that I wrote:
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Hemani Bhandari
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Thread

"Main jab mar jaun to meri alag se pehchan likh dena,mere lahu se meri peshani pr Hindustan likh dena(After I die,write my identity differently,with blood,write India on my forehead)”- msg on wall in Brijpuri. It's faded.

A year on,we revisit where #DelhiRiots broke out.


Feb 2020 Vs Feb 2021
While the hustle and bustle of the area has returned in severely hit Shiv Vihar, some cracks in the walls, a black smoke patch on the door, a few burnt utensils and a pile of photographs remind the victims of the days and nights they lived in “terror”.


Khushnaz’s daughter Alfiza was six days old on February 25 when the riots broke out near her house. She recalled pressing her palm against the infant’s mouth to prevent her voice from being heard as she cried.


Shawra Begum’s single-storey residence near Medina Masjid has still not been repaired. Looking at the broken and burnt taps of her washroom, Shawra said, “That time reminds me of death.”


Sitting inside his house near Auliya Masjid, Nizamuddin had tears in his eyes thinking about the time. Over 5,000 men were walking and running amok on the streets destroying everything and everyone, he said.
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@AdamSmithWorks
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It's been a whole day since we tweeted Part 2 of this chapter, so let us remind you: #AdamSmith just said that the colonies got nothing that helped them succeed from the mother country. (IV.vii.c) #WealthOfTweets #SmithTweets

So these two opening sentences are pretty heckin’ sarcastic:
Now we've seen the great advantages the colonies got (they got nothing!) (IV.vii.c.1)
So what have been the great advantages to Europe! (IV.vii.c.2)

Seems like there’s a...tone there. #WealthOfTweets #SmithTweets


Europeans buy goods from America, and Americans buy European goods as well. Even countries that don’t trade directly with America have benefited. (IV.vii.c.3–8) #WealthOfTweets #SmithTweets

The mother countries restrict colonial trade (esp the exclusive right to buy from or sell to their colonies). That's a dead weight on the increase of the wealth of nations. Everything is more expensive, everyone enjoys less of it. (IV.vii.c.9) #WealthOfTweets #SmithTweets

Maybe European countries get added security? In ancient times, empires expected military support and revenue from their colonies, and they got it.
18thC colonies? Not so much. (IV.vii.c.11–13) #WealthOfTweets #SmithTweets
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You want to buy a house.

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The bank asks you, “what if you don’t pay back?”

You say, “take my home and sell it”.

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That makes sense. The bank gives you a loan and in case you don’t pay, the bank will take over your house and sell it and recover its money.

That’s collateral.

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1/x Fort Detrick History
Mr. Patrick, one of the chief scientists at the Army Biological Warfare Laboratories at Fort Detrick in Frederick, Md., held five classified US patents for the process of weaponizing anthrax.

2/x
Under Mr. Patrick’s direction, scientists at Fort Detrick developed a tularemia agent that, if disseminated by airplane, could cause casualties & sickness over 1000s mi². In a 10,000 mi² range, it had 90% casualty rate & 50% fatality rate


3/x His team explored Q fever, plague, & Venezuelan equine encephalitis, testing more than 20 anthrax strains to discern most lethal variety. Fort Detrick scientists used aerosol spray systems inside fountain pens, walking sticks, light bulbs, & even in 1953 Mercury exhaust pipes


4/x After retiring in 1986, Mr. Patrick remained one of the world’s foremost specialists on biological warfare & was a consultant to the CIA, FBI, & US military. He debriefed Soviet defector Ken Alibek, the deputy chief of the Soviet biowarfare program
https://t.co/sHqSaTSqtB


5/x Back in Time
In 1949 the Army created a small team of chemists at "Camp Detrick" called Special Operations Division. Its assignment was to find military uses for toxic bacteria. The coercive use of toxins was a new field, which fascinated Allen Dulles, later head of the CIA
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