what you learn from revolt of 1857
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Almost exactly 150 years ago, the hot plains of North India erupted with fighting in what was then called the sepoy mutiny and is now called the first war of Indian independence. The revolt of 1857 began in Meerut on 10 May, and subsequently has always captured public attention because of the bravery and butchery that followed. Few bother to recognize that it was a violent spasm in the midst of other momentous, but less dramatic, developments that would lead to the birth of a new India.
We would like to point to three of these developments, because the issues involved are still relevant to contemporary India—infrastructure, education and globalization.
The first train chugged between Mumbai and Thane in 1853, four years before the first war of independence. That railway was partly promoted by domestic entrepreneurs. Later, as political power was transferred from the East India Company to the British Crown, the government raised capital for the railways by offering sovereign guarantees to investors in the London market.
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