99th Birth Anniversary Of Former Prime Minister PV Narsimha Rao

New Delhi: PV Narasimha Rao was born on 28 June 1921. He was an Indian lawyer and politician who served as the 9th Prime Minister of India from 1991 to 1996. Mr. Rao, a man of many talents. His interests in subjects such as literature and computer software (including computer programming). He spoke 17 languages.

Mr. Rao's prime ministership was politically significant, as he was the second holder of this office from a non-Hindi-speaking region and 1st belonging to the southern part of India. 

He led an important administration, overseeing a major economic transformation and several home incidents affecting the national security of India. 

Mr. Rao, a leader of Congress party, 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. He is often referred to as the "Father of Indian Economic Reforms". 

Future prime ministers Atal Bihari Vajpayee and Manmohan Singh continued the economic reform policies pioneered by Rao's government. Rao accelerated the dismantling of the License Raj, reversing the socialist policies of Rajiv Gandhi's government. 

WATCH VIDEO: 

During his time as the prime minister, Mr. Rao employed Dr. Manmohan Singh as his Finance Minister to embark on a historic economic transition. Dr. Manmohan Singh, W]with Rao's mandate had launched India's globalization angle of the reforms that implemented the International Monetary Fund (IMF) policies to rescue the almost bankrupt nation from economic collapse. 

He was often 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.

During his term as the Prime Minister, Mr. Rao not only brought paradigm shift from the industrializing, mixed economic model of Jawaharlal Nehru to a market-driven one, his years as Prime Minister also saw the emergence of the Bharatiya Janata Party (BJP), a major right-wing party, as an alternative to the Indian National Congress which had been governing India for most of its post-independence history. 

Rao's term also saw the destruction of the Babri Mosque in Ayodhya in Uttar Pradesh when BJP's Kalyan Singh was Chief Minister, which triggered one of the worst Hindu-Muslim riots in the country since its independence. PV Narasimha Rao passed away in 2004 of a heart attack in New Delhi. He was cremated in Hyderabad.

Indian National Congress also paid tribute to Former PM PV Narasimha Rao.

We honour P. V. Narsimha Rao, a visionary leader who oversaw major economic transformations of the Indian economy. His contributions to the nation shall never be forgotten. pic.twitter.com/UlIPNoshQA

— Congress (@INCIndia) June 28, 2020

PM Modi also paid tribute to former PM PV Narasimha Rao, PM Modi Says today is the beginning of the year of his birth centenary - I urge everyone to know more and more about him.

Shri Narasimha Rao JI belonged to a humble background.

He fought injustice from a very young age.

I hope many more Indians will read more about our former Prime Minister, PV Narasimha Rao Ji. #MannKiBaat pic.twitter.com/FCQfDLH9Od

— PMO India (@PMOIndia) June 28, 2020

India News With Breaking News And Latest News From India and World follow dailyaddaa, like us on Facebook, Follow us on Twitter and Subscribe us for Latest Videos.