P. V. Narasimha Rao: Difference between revisions

'''Pamulaparthi Venkata Narasimha Rao''' (28 June 1921 – 23 December 2004), popularly known as '''P. V. Narasimha Rao''', was an Indian lawyer, statesman and politician who served as the 9th [[prime minister of India]] from 1991 to 1996. He is known for introducing various [[Economic liberalisation in India|liberal reforms to India's economy]].<ref>{{Citation |last=Dean |first=Adam |title=India's Middle Path: Preventive Arrests and General Strikes |date=2022 |url=https://www.cambridge.org/core/books/opening-up-by-cracking-down/indias-middle-path-preventive-arrests-and-general-strikes/4CBA2877327208602BE6573BEA63D1A3 |work=Opening Up by Cracking Down: Labor Repression and Trade Liberalization in Democratic Developing Countries |pages=86–112 |series=Political Economy of Institutions and Decisions |publisher=Cambridge University Press |doi=10.1017/9781108777964.006 |isbn=978-1-108-47851-9}}</ref><ref>{{cite news|date=23 December 2004|title=PV Narasimha Rao Remembered as Father of Indian Economic Reforms|work=voanews.com|publisher=[[VOA News]]|url=http://www.voanews.com/tibetan-english/news/a-28-a-2004-12-23-2-1-90257982.html|archive-url=https://web.archive.org/web/20120702070909/http://www.voanews.com/tibetan-english/news/a-28-a-2004-12-23-2-1-90257982.html|archive-date=2 July 2012}}</ref><ref name="Narasimha Rao was father of economic reform: Pranab" /> His ascendancy to the prime ministership was politically significant because he was the second holder of this office from a non-Hindi-speaking region and the first from [[South India]] ([[United Andhra Pradesh]]){{efn|Now [[Telangana]]}}. He led an important administration, overseeing a major [[economic transformation]] and several home incidents affecting the national security of India.<ref name="Reforming">{{cite news|url=http://news.bbc.co.uk/2/hi/south_asia/4120429.stm|title=Narasimha Rao – a Reforming PM|work=news.bbc.co.uk|publisher=[[BBC News]]|date=23 December 2004|access-date=2 March 2007}}</ref> Rao, who held the Industries portfolio, was personally responsible for the dismantling of the [[Licence Raj]], as this came under the purview of the [[Ministry of Commerce and Industry (India)|Ministry of Commerce and Industry]], reversing the economic policies of [[Rajiv Gandhi]]'s government.<ref name="DNAArticle">Arvind Kumar, Arun Narendhranath (3 October 2001). [http://www.dnaindia.com/analysis/column_india-must-embrace-unfettered-free-enterprise_1594401 India must embrace unfettered free enterprise]. ''[[Daily News and Analysis]]''.</ref>  

Former Prime Minister [[Manmohan Singh]] described Rao as the true ''father of economic reforms in India''.<ref>{{cite news | url=https://www.thehindu.com/news/national/narasimha-rao-can-truly-be-called-father-of-economic-reforms-in-india-manmohan-singh/article32183365.ece | title=Narasimha Rao can truly be called the father of economic reforms in India: Manmohan Singh | newspaper=The Hindu | date=24 July 2020 }}</ref> In 1991, Rao employed Manmohan Singh as his [[Minister of Finance (India)|finance minister]] to embark on historic economic transition. With Rao's mandate, Manmohan Singh launched India's [[globalisation]] angle of the reforms that implemented the [[International Monetary Fund]] (IMF) policies to rescue the [[1991 Indian economic crisis|almost bankrupt nation from economic collapse]].<ref name="DNAArticle"/> Rao was also referred to as ''[[Chanakya]]'' for his ability to steer economic and political legislation through the parliament at a time when he headed a [[minority government]].<ref name="frontline">{{cite journal |url=http://www.hindu.com/thehindu/thscrip/print.pl?file=20050114008013000.htm&date=fl2201/&prd=fline& |archive-url=https://web.archive.org/web/20100130013320/http://www.hinduonnet.com/fline/fl2201/stories/20050114008013000.htm |archive-date=30 January 2010 |title=Obituary: A scholar and a politician|author=V. Venkatesan |journal=Frontline |volume=22 |issue=1 |date=14 January 2005 |access-date=30 March 2010}}</ref><ref>{{cite web|url=http://www.tlca.com/adults/obit-pvn.html|archive-date=1 November 2007|archive-url=https://web.archive.org/web/20071101063203/http://www.tlca.com/adults/obit-pvn.html|title=PV Narasimha Rao Passes Away|work=tlca.com|access-date=7 October 2007}}</ref> 11th [[president of India]], [[APJ Abdul Kalam]] described Rao as a "patriotic statesman who believed that the nation is bigger than the political system". Kalam acknowledged that Rao, had in fact, asked him to get ready for [[Nuclear weapons testing|testing nuclear weapons]] in 1996, but they were not carried out, due to the change of government pursuant to the