Word: nanda
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Dates: during 1960-1969
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Defense for Home. True, no one was fired. But four ministers were moved to different jobs, and in the process she rid herself of a portfolio that she had inherited unwillingly two weeks ago. It was the important Home Ministry, from which she had removed Gulzarilal Nanda for his failure to block the violent Hindu demonstrations against cow slaughter that recently erupted near Parliament. Now she passed the powerful post to Y. B. Chavan, 53, the former Defense Minister. In so doing, she also created a powerful potential rival for the future...
...Unbowing Bosses. Another casualty was Home Minister Gulzarilat Nanda. Indira Gandhi has been under so much criticism in recent weeks for fail ing to take stern measures against In dia's growing wave of rioting that she realized it was time to take decisive action. So, out went the 68-year-old ascetic who had served for the past 15 years in one Cabinet post or another...
...Gandhi had a scheme of her own. She intended to use Nanda's ouster as an opportunity to reshuffle the Cabinet, which she had inherited almost intact from Lai Bahadur Shastri and had so far been unable to alter. Her plan was to give the Home Ministry to able Defense Minister Y. B. Chavan and install other favorites in the finance and commerce slots...
Like Mafatlal, other young Indians have entered new fields by associating with foreign companies. Keshub Mahindra, 42 (University of Pennsylvania '47), controls 15 companies that make, among other goods, Jeeps in conjunction with Kaiser, tractors with International Harvester, and elevators with Otis Elevator. Hari Nanda, 48, of New Delhi makes everything from railroad couplers to razor blades, is now manufacturing arm tractors designed in India with French engines and Polish transmissions, as well as a baby tractor priced at $1,000, the cost of three teams of bullocks...
India's modernized businessmen also believe strongly in charities and community aid. Hari Nanda, along with setting up medical programs for his employees, awards college scholarships to their children. The Mafatlals have set one-quarter of their assets aside as a foundation to help schools and hospitals, and have given $1,500,000 for a science and technology museum in Bombay. Perhaps they are motivated by a British business rule they were mostly too young to really remember but wise enough to apply to their modern India. Says Arvind Mafatlal: "The private sector can only survive if it proves...