Pamulaparti Venkata Narasimha Rao was the former 9th Prime Minister of India (1991-1996). He was an Indian lawyer as well as a Politician. During his prime ministership, a major economic Transformation took place and several home incidents that affected the security of India. He was also referred to as the Chanakya for his ability get hold of economic and political legislation.
P. V. Narasimha Rao is often referred to as the “Father of Indian Economic Reforms”. Later, former Prime Minister Atal Bihari Vajpayee and Manmohan Singh also Continued the Economic reform policies pioneered by Narasimha Rao’s Government. Under his government, Manmohan Singh was made the Finance Minister where he launched India’s Globalization angle of the reforms that implemented the International Monetary Fund policies to help the bankrupt nation from the economic collapse.
Rao studied at Osmania University and did Bachelor’s Degree in Arts. Later he went to Nagpur for his masters in law. In spite of mother tongue is Telugu, he also had a good command on Marathi, Bengali, Kannada, Gujarati, Hindi, Oriya etc and foreign languages such as French, English, Arabic, Persian, etc. Rao has been an editor of the weekly magazine Kakatiya Patrika.
He was a very active freedom fighter. Rao’s main aim was to reduce fiscal deficit, Privatisation and increase investment in infrastructure. During his Prime Ministership, he faced many problems such as Economic Crisis and Initiation of Liberalization, separatist movement, Babri Mosque riots, and Purulia arms drop case.