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Tiruvellore Thattai Krishnamachari
Tiruvellore Thattai Krishnamachari (1899 1974) was an Indian politician who served as Finance Minister from 1956 to 1958 and from 1964 to 1966. He was also a founding member of the first governing body of the National Council of Applied Economic Research (NCAER) in New Delhi, India's first independent economic policy institute established in 1956. Krishnamachari graduated from Madras Christian College (MCC) and was a visiting professor to the department of economics at MCC. He was popularly known as TTK. He has the ignominy of being the first minister in free India to have resigned due to his involvement in a scam.Subramanian, Samanth. (9 May 2012Long View: India's Very First Corruption Scandal ''The New York Times''. He was also a member of drafting committee, an entrepreneur and prominent leader within the Indian National Congress. He was also deputy viceroy from 1947-1950. Early life T. T. Krishnamachari was born in 1899 into a Tamil Brahmin family in the city of Madras ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Member Of Parliament, Lok Sabha
A Member of Parliament in the Lok Sabha ( abbreviated: MP) is the representative of a legislative constituency in the Lok Sabha; the lower house of the Parliament of India. Members of parliament of Lok Sabha are chosen by direct elections on the basis of the adult suffrage. The maximum permitted strength of members of parliament in the Lok Sabha is 550. This includes the maximum 530 members to represent the constituencies and states and up to 20 members to represent the union territories (both chosen by direct elections). Between 1952 and January 25, 2020, two seats were reserved for members of the Anglo-Indian community. The current elected strength of the Lok Sabha is 543. The party—or coalition of parties—having a majority in the Lok Sabha chooses the Prime Minister of India. History The first instance of member of parliament equivalent in India dates back to 9 December 1946, the day Constituent Assembly of India was formed with the purpose of drafting a cons ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Conglomerate (company)
A conglomerate () is a type of multi-industry company that consists of several different and unrelated List of legal entity types by country, business entities that operate in various industries. A conglomerate usually has a Holding company, parent company that owns and controls many Subsidiary, subsidiaries, which are legally independent but financially and strategically dependent on the parent company. Conglomerates are often large and Multinational corporation, multinational corporations that have a global presence and a diversified portfolio of products and services. Conglomerates can be formed by merger and acquisitions, Corporate spin-off, spin-offs, or joint ventures. Conglomerates are common in many countries and sectors, such as Media (communication), media, Finance, banking, Energy industry, energy, mining, manufacturing, retail, Arms industry, defense, and transportation. This type of organization aims to achieve economies of scale, market power, Risk management, ris ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Commerce And Industry Ministers Of India
Commerce is the organized system of activities, functions, procedures and institutions that directly or indirectly contribute to the smooth, unhindered large-scale exchange (distribution through transactional processes) of goods, services, and other things of value at the right time, place, quantity, quality and price through various channels among the original producers and the final consumers within local, regional, national or international economies. The diversity in the distribution of natural resources, differences of human needs and wants, and division of labour along with comparative advantage are the principal factors that give rise to commercial exchanges. Commerce consists of trade and aids to trade (i.e. auxiliary commercial services) taking place along the entire supply chain. Trade is the exchange of goods (including raw materials, intermediate and finished goods) and services between buyers and sellers in return for an agreed-upon price at traditional (or onl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
India MPs 1962–1967
India, officially the Republic of India, is a country in South Asia. It is the seventh-largest country by area; the most populous country since 2023; and, since its independence in 1947, the world's most populous democracy. Bounded by the Indian Ocean on the south, the Arabian Sea on the southwest, and the Bay of Bengal on the southeast, it shares land borders with Pakistan to the west; China, Nepal, and Bhutan to the north; and Bangladesh and Myanmar to the east. In the Indian Ocean, India is near Sri Lanka and the Maldives; its Andaman and Nicobar Islands share a maritime border with Thailand, Myanmar, and Indonesia. Modern humans arrived on the Indian subcontinent from Africa no later than 55,000 years ago., "Y-Chromosome and Mt-DNA data support the colonization of South Asia by modern humans originating in Africa. ... Coalescence dates for most non-European populations average to between 73 and 55 ka.", "Modern human beings—''Homo sapiens''—originated in Africa. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1974 Deaths
Major events in 1974 include the aftermath of the 1973 oil crisis and the resignation of President of the United States, United States President Richard Nixon following the Watergate scandal. In the Middle East, the aftermath of the 1973 Yom Kippur War determined politics; following List of Prime Ministers of Israel, Israeli Prime Minister Golda Meir's resignation in response to high Israeli casualties, she was succeeded by Yitzhak Rabin. In Europe, the Turkish invasion of Cyprus, invasion and occupation of northern Cyprus by Turkey, Turkish troops initiated the Cyprus dispute, the Carnation Revolution took place in Portugal, the Greek junta's collapse paves the way for the establishment of a Metapolitefsi, parliamentary republic and Chancellor of Germany, Chancellor of West Germany Willy Brandt resigned following an Guillaume affair, espionage scandal surrounding his secretary Günter Guillaume. In sports, the year was primarily dominated by the 1974 FIFA World Cup, FIFA World ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1899 Births
Events January * January 1 ** Spanish rule formally ends in Cuba with the cession of Spanish sovereignty to the U.S., concluding 400 years of the Spanish Empire in the Americas.''The American Monthly Review of Reviews'' (February 1899), pp. 153-157 ** In Samoa, followers of Mataafa, claimant to the rule of the island's subjects, burn the town of Upolu in an ambush of followers of other claimants, Malietoa Tanus and Tamasese, who are evacuated by the British warship HMS ''Porpoise''. ** Queens and Staten Island become administratively part of New York City. * January 2 – Theodore Roosevelt is inaugurated as Governor of New York at the age of 39. * January 3 – A treaty of alliance is signed between Russia and Afghanistan. * January 5 – **A fierce battle is fought between American troops and Filipino defenders at the town of Pililla on the island of Luzon. *The collision of a British steamer and a French steamer kills 12 people on the English Channel. * Jan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sachindra Chaudhuri
Sachindra Chaudhuri (24 February 1903 – 12 June 1992) was an Indian lawyer and politician who was Minister of Finance of the Government of India from 1965 to 13 March 1967, under Lal Bahadur Shastri and Indira Gandhi. He also was Director of several companies, member of Central Board of State Bank of India, member of Law Commission and member of Indian delegation to General Assembly of the United Nations. Political career Sachindra Chaudhuri was member of Indian Parliament for Ghatal constituency. He was Minister of Finance of India. During his term, Indian economy went into a 2-year recession for the first time since Independence. Real GDP growth fell by 3% in 1965 and 1% in 1966. Consequently, the Rupee was devalued for the first time. Personal life Sachindra Chaudhuri was born on 24 February 1903, in Calcutta. His father was Prabhodh Chandra Chaudhuri. He educated at Rani Bhabani School in Calcutta, later he studied at Presidency College in Calcutta and later at Fitzwilli ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Morarji Desai
Morarji Ranchhodji Desai (29 February 1896 – 10 April 1995) was an Indian politician and Indian independence activist, independence activist who served as the Prime Minister of India, prime minister of India between 1977 and 1979 leading the Premiership of Morarji Desai, government formed by the Janata Party. During his long career in politics, he held many important posts in government such as the Chief Minister, chief minister of Bombay State, the Minister of Home Affairs (India), home minister, the Minister of Finance (India), finance minister, and the Deputy Prime Minister of India, deputy prime minister. Following the death of Prime Minister Lal Bahadur Shastri, Desai was a strong contender for the position of Prime Minister, only to be defeated by Indira Gandhi in 1966. He was appointed as Minister of Finance (India), Minister of Finance and Deputy Prime Minister of India, Deputy Prime Minister in Indira Gandhi's cabinet, until 1969. When Indian National Congress split ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Finance Minister Of India
The minister of finance (Vitta Mantrī ) (or simply, the finance minister, short form FM) is the head of the Ministry of Finance of the Government of India. One of the senior most offices of the Union Cabinet, the finance minister is responsible for the fiscal policy of the government. A key duty of the finance minister is to present the annual Union Budget in Parliament, detailing the government's plan for taxation and spending in the coming financial year. Through the budget, the finance minister also outlines allocations to all the ministries and departments. The minister is assisted by the minister of state for finance and the junior deputy minister of finance. There have been a number of ministers of finance that went on to become the prime minister; Morarji Desai, Charan Singh, Vishwanath Pratap Singh and Manmohan Singh Manmohan Singh (26 September 1932 – 26 December 2024) was an Indian economist, bureaucrat, academician, and statesman, who served a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chintamanrao Deshmukh
Sir Chintaman Dwarakanath Deshmukh (14 January 1896 – 2 October 1982) was an Indian civil servant and the first Indian to be appointed the Governor of the Reserve Bank of India in 1943 by the British Raj authorities. He subsequently served as the Finance Minister in the Union Cabinet (1950–1956). It was during this time that he also became a founding member of the Governing Body of NCAER, the National Council of Applied Economic Research in New Delhi, India's first independent economic policy institute established in 1956 at the behest of Prime Minister Jawaharlal Nehru. After resignation from Union Cabinet he worked as Chairman of UGC (1956–1961). He served as Vice-Chancellor of University of Delhi (1962–67). He was also President of Indian Statistical Institute from 1945 to 1964, Honorary Chairman of National Book Trust (1957–60). He founded India International Center in 1959 and served as Lifetime President of it. He was also chairman of Indian Institute of Pu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chennai
Chennai, also known as Madras (List of renamed places in India#Tamil Nadu, its official name until 1996), is the capital city, capital and List of cities in Tamil Nadu by population, largest city of Tamil Nadu, the southernmost states and territories of India, state of India. It is located on the Coromandel Coast of the Bay of Bengal. According to the 2011 Census of India, 2011 Indian census, Chennai is the List of most populous cities in India, sixth-most-populous city in India and forms the List of million-plus urban agglomerations in India, fourth-most-populous urban agglomeration. Incorporated in 1688, the Greater Chennai Corporation is the oldest municipal corporation in India and the second oldest in the world after City of London Corporation, London. Historically, the region was part of the Chola dynasty, Chola, Pandya dynasty, Pandya, Pallava dynasty, Pallava and Vijayanagara Empire, Vijayanagara kingdoms during various eras. The coastal land which then contained th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
