Muhammad bin Tughlaq, the Sultan of Delhi from 1325 to 1351 AD, was notorious for taking extreme, dramatic decisions that put his subjects in misery. There were the excessive taxes to support his large army, which led to farmers switching occupation, and creating a food scarcity. Then, there was the declaration of copper currency to be on par with silver currency (to make up for silver shortage), which led to economic chaos and ultimately a big hole in the exchequer’s pocket. And the last straw: his decision to shift his capital from Delhi to Daulatabad, despite resistance from people. There was endless suffering from the journey and many died, and then he changed his mind again and decided to stick with Delhi. If there was Twitter then, #Tughlaq would have trended.
The leader is dead. Long live the leader
Vodafone Idea’s financial stress makes it extremely vulnerable, but the timing of its death will be dictated by the crusader Reliance Jio