Swadeshi Steam Navigation Company
The Swadeshi Steam Navigation Company (SSNC) was one of the first indigenous Indian shipping companies set up during the
Background
In the early 20th century, the
During this time, V. O. Chidambaram Pillai, a pleader from Tuticorin who was involved in the Swadeshi movement, which argued for self-reliance, started a navigation company as an act of political and financial opposition to the British.[3]
Company
Pillai registered the Swadeshi Steam Navigation Company on 16 October 1906 with a capital of ₹10 lakh (worth ₹2,000 crore in 2019 prices) from the issue of 40,000 shares.[3] Pillai formed the company not for profit but for ideals of nationalism. Any individuals in Asia were eligible to hold the shares.[3] Pandithurai Thevar, the zamindar of Palavanatham, bought ₹2 lakh (equivalent to ₹6.6 crore or US$830,000 in 2023) of shares by selling Pambur, a village in his zamin;[4] Thevar became the president and Pillai became the assistant secretary.[3]
The objective of the company was to run a ship between Tuticorin and Colombo and also to train Asians in navigation and ship building.
A trade war broke out between the SSNC and BISNC; when the BISNC reduced the fare to one rupee, Pillai reduced the fare to 50 paisa. The BISNC then gave free umbrellas to passengers.[9] Due to nationalist sentiment, the SSNC received support from traders and passengers even when the BISNC offered free service.[5] The BISNC, with the help of the British Raj, suppressed the activities of the SSNC by denying it the place and time schedule in the port[10] and delaying the medical and customs clearance of SSNC passengers.[8] In 1908, Pillai was part of a group that planned to celebrate the release of independence advocate
Impact
On 17 June 1911, the collector of
In
References
- ^ Manian, Ilasai (20 October 2012). "Swadeshi ship on the blue waters of Tuticorin". Retrieved 17 August 2014.
- ^ J, Arockiaraj (25 December 2011). "VOC's descendants found in dire straits". Madurai. TNN. Retrieved 17 August 2014.
- ^ ISBN 978-81-230-2557-5.
- ISBN 978-81-230-2557-5.
- ^ "First call to 'make in India' came from Bharati in 1909". Times of India Blog. 12 September 2016.
- ^ "Doyen of Swadeshi shipping". The Hindu. 22 September 2001. Archived from the original on 28 February 2002.
- ^ ISBN 978-0-241-20823-6.
- ^ Augustine, Seline (22 November 2018). "Unsung hero". The Hindu.
- ^ "How Indians fought back on high seas". Times of India Blog. 2 November 2015.
- ^ a b c Venkatachalapathy, A.R. (September 2009). "An Irish link". Frontline. 26 (19).
- ^ S, Mohamed Imranullah (7 July 2014). "Remembering July 7, 1908, the judgement day". The Hindu.
- ^ a b "This Fiery Freedom Fighter From Tamil Nadu Challenged the British Raj on the Seas!". The Better India. 2 August 2018.
- ISBN 978-93-85714-81-8.
- ^ "Renaming of Tuticorin Port Trust as V.O. Chidambaranar Port Trust". pib.nic.in.