P.V. Narasimha Rao

P.V. Narasimha Rao


Tirupati, 1992

A leader from Andhra Pradesh, Pamulaparti Venkata Narasimha Rao is associated with Congress for the past five decades. As a student leader he had organised Satyagrahas against the British in many parts of Andhra and courted arrests. A science and law student of Osmania University P. V. Narasimha Rao could write and speak in many Indian and foreign languages.

He was the Chief Minister of Andhra Pradesh between 1971 and 1973. He was Union Cabinet Minister during 1984-95. P. V. Naramsimha Rao was Prime Minister for a full term between 1991 - 96. He is credited for liberalising the Indian economy. He presided over the Indian National Congress Session at Tirupati in 1992.

He crafted India's post-Cold War diplomacy and economic reforms. The reforms progressed furthest in the areas of opening up to foreign investment, reforming capital markets,deregulating domestic business, and reforming the trade regime. Shri. Rao's government's goals were reducing the fiscal deficit, Privatization of the public sector and increasing investment in infrastructure. Trade reforms and changes in the regulation of foreign direct investment were introduced to open India to foreign trade while stabilising external loans

Shri. Rao energised the national nuclear security and ballistic missiles program, which ultimately resulted in the 1998 Pokhran nuclear tests.

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