Bengaluru: Tipu Sultan who is also known as 'Tiger of Mysore' was the last and the biggest hurdle for British East India Company in Southern India. \n\n\n\n\n\n\n\nAlthough, the BJP government in Karnataka are making an attempt to remove the lesson on the 18th century Mysore ruler Tipu Sultan from school history books claiming that he was a \u201ctyrant\u201d and prosecuted the Hindus, historians say that he was the great ruler who introduced major changes in administration, land revenue system, etc. He was the father of modern rockets. \n\n\n\nHere are some of the lesser-known facts about him\n\n\n\nBanking\nsystem \n\n\n\nAccording to the report published in Economic Times, he introduced banking system wherein, the public used to deposit money. On an annual basis, they used to get interest (nafa) on the principal amount. \n\n\n\nTipu Sultan was a strong supporter of barter system\nas he understood that trading in currency would reduce Mysore\u2019s purchasing\npower.\n\n\n\nPublic\nSector Undertaking \n\n\n\nPSU system was introduced by him as he had declared\nthat State will have monopoly over certain industries such as sugar, salt, iron,\nsilver, gold etc. \n\n\n\nRealising the power of technology, he had setup four innovation centers in Bengaluru, Chitradurga, Srirangapatna and Bidanur. \n\n\n\nPalace of Tipu Sultan\n\n\n\nFather\nof modern rockets\n\n\n\nTipu Sultan is known as the father of modern rockets as he had created iron tubes filled with gunpowder. These tubes helped Mysore win second Anglo-Mysore war of 1782. \n\n\n\nHe had also developed cannons. \n\n\n\n\n\n\n\nThe rockets of his time are preserved in England. \n\n\n\nHis\nsupport for republic \n\n\n\nIn order to counter British, Tipu Sultan got closer to French. He had also started liking Jacobin Club and decided to establish Republic in Srirangapatna. \n\n\n\nJacobin Club: It was the most influential political club during the French Revolution of 1789.\n\n\n\nNavy\n\n\n\nHe understood the importance of the Navy and established massive dockyards at Jamalabad and Majidabad. \n\n\n\nHe also wanted to build a mighty navy.\n\n\n\nReligious\ntoleration\n\n\n\nHe administration followed the policy of religious\ntoleration which can be evident from the fact that during his regime, 156 Hindu\ntemples used to get regular endowments. He had also granted lands to temples. \n\n\n\nHe had appointed many Hindu officers in his\nadministration. \n\n\n\nForeign\nrelations\n\n\n\nDuring his regime, Mysore had good relations with\nmany foreign countries including Afghanistan, Turkey, Persia, Oman, France etc.\n\n\n\n\nTipu\nSultan\u2019s early life\n\n\n\nHe was born on 20th November 1750. His\nfather, Hyder Ali was the ruler of Mysore whereas his mother, Fatima\nFakhr-un-Nisa was the daughter of Mir Muin-ud-Din, the governor of the fort of\nKadapa.\n\n\n\nHe received Military training from French Officers. At the age of 15 years, he took part in the First Mysore War in 1766. \n\n\n\n\n\n\n\nAfter the death of his father, Tipu Sultan became the\nruler of Mysore on 22nd December 1782. \n\n\n\nDeath\nof Tipu Sultan\n\n\n\nIn the Fourth Anglo-Mysore War, when the British broke through the city walls, French Military advisors suggested Tipu Sultan to escape from the secret passage. However, the Tiger of Mysore rejected the suggestion. \n\n\n\n\n\n\n\nHe was killed in the war.