Former Prime Minister Pv Narasimha Rao – Original Architect of Reforms!

By
Krishna MV
-
15
2571
Share
Tweet
Pin
  • The very mention of former Prime Minister PV Narasimha Rao instantly connects to memories of ushering in reforms leading to liberalization and globalization in the early 1990s when the country was staring at a potentially embarrassing balance of payments crises. What ensued following the introduction of reforms back then would go on to define our country’s economic roadmap setting in motion the trajectory of growth/transformation/development that has stood us in good stead so far.

PC: opindia

  • In every true sense, Rao should be accorded the long-delayed credit for essaying the role of a catalyst that opened the country to go beyond the conservative approach to embrace reformist measures. He is the true architect of modern Indian growth story but hardly merits reference forget about fulsome accolades that he so richly deserves. Not for nothing, Rao is referred to as the father of Indian economic reforms.  Rao was the first Southern Indian and second non-Hindi speaking PM to hold the Highest Office.
  • An extremely erudite person, Rao was able to converse in 17 languages with ease and possessed an eclectic interest in literature, cultural and historical pedigree of our great nation apart from mastering smart political maneuvers. Though heading a minority government in 1991, it speaks volumes about his astute political moves that ensured him completing full term amidst a plethora of challenges. Survivor to the core, no less.

PC: inc

  • Under his command, reforms introduced opened the door for foreign investment, allowed reforming capital markets, deregulated domestic businesses, and paved the way for reforming the trade regime, respectively. With back to the wall, Rao’s government concentrated on reducing the fiscal deficit, allowed privatization of the public sector, and increasing investment in infrastructure to set in motion historical modifications.
  • Though Rao was a visionary leader whose style of functioning was unusually characterized as indecisively decisive but in hindsight, the reformist stance he so passionately pursued changed the course of the nation’s destiny forever. He enjoyed excellent equations with all political leaders cutting across party affiliations.  During his Prime Ministership, it is to be noted that the Bharatiya Janata Party (BJP) started emerging as a political party to reckon with taking on the might of the Indian National Congress (INC).

PC: twitter

  • Rao was also instrumental in picking up and positioning a brilliant non-political economist Manmohan Singh as the Finance Minister who went onto hold the Highest Office of the Prime Minister. Manmohan Singh essayed a defining role in implementing the above reforms adroitly with the full backing of Rao. As the nation enters the centenary year of Rao’s birth, it is apt to remember, recognize, and regard the gentleman former Prime Minister for his history-altering moves by rightfully celebrating unheralded achievements at least now. Rao deserves greater acknowledgment.

Share
Tweet
Pin
Previous articleMental Illness is Real, Neglecting or Ignoring is Not An Option
Next articleWhere are the Preparations and Adequate Health Infrastructure Promised!
Krishna MV
Krishna MV
Krishna is a Post Graduate with specialization in English Literature and Human Resource Management, respectively. Having served the Indian Air Force with distinction for 16 years, Armed Forces background definitely played a very major role in shaping as to who & what he is right now. Presently, he is employed as The Administrator of a well known educational institute in Bangalore. He is passionate about sharing thoughts by writing articles on the current affairs / topics with insightful dissection and offering counter / alternate views thrown in for good measure. Also, passionate about Cricket, Music – especially vintage Kannada & Hindi film songs, reading – non-fictional & Self-Help Books, and of course, fitness without compromising on the culinary pleasures.

RELATED ARTICLESMORE FROM AUTHOR

15 COMMENTS

  5. Rock Alternative Classic Rock Classical Jazz Heavy Metal Blues Rock and Roll Classical Rock/Progressive Rap/hip-hop Progressive Rock Dance/Electronica Oldies Indie Rock Folk Soundtracks/theme Songs Soul/funk Country Thrash Metal Grunge Reggae Heavy Metal R&B New Wave Blues Rock Power Metal Psychedelic Rock Post Punk Big band Hardcore Industrial Religious Folk Metal Bluegrass Opera Metalcore Glam Rock Symphonic Metal Soul Techno Post-Rock Soft Rock Britpop Disco

    mp3 flac download full album vinyl

    https://ununrogbiospenar.liselzoopimarichasupuncwarenan.info/

  7. [url=https://www.cleaning-master.com]Commercial cleaning manhattan[/url]
    Service Cleaning Staten Island was created in 2012 with a clear task: to perform a highly professional cleaning services in friendly manner that is not only which not just delights and satisfies all ours client! With deep cleaning, our employees cleansing elements refrigerator in the house . Competent employees “Cleaning Service” always ready decide varied problem, associated with guidance order. You always can call in “Cleaning Service” – our employees to the conscience cope with the work of any volume. Our Created Cleaning the holding located give you any help and solve this a problem! Our firm we carry out cleaning services(MAIDS DOWNTOWN) exclusively by means of eco-means, they absolutely safe and not even litter environment atmosphere. This the specialized company Williamsburg presents large set service on cleaning, you left only to choose the right, appropriate to you type of cleaning, and contact to our company for professional help. In our the company hourly work employee. This a highly large cleaning , that will leave your family hearth spotless . Regardless on , moving you or not Clean Master can be there to help to bring your personal old or new house exemplary appearance.We have involved only qualified masters, having the required practical experience. CLEANING MASTER Bococa apply excellent, not harmful detergents and scouring materials, reliable, professional and high quality equipment.Our organization provides services for cleaning – professional (industrial) cleaning. Cleaning famous company Clinton Hill- carries out production activity on cleaning.

  9. Интересная новость
    _________________
    [URL=https://rucasino.toprealmoneygame.xyz/igrat-v-kazino-na-grivny/]Играть в казино на гривны[/URL]

  10. [url=https://timeblock.ru/product/timeblock-night-face-serum-50-ml/]купить омолаживающий крем для лица[/url] или [url=https://timeblock.ru/vitaminnyy-kompleks-timeblock-pomogaet-zaschitit-zdorove-i-podnyat-immunitet/]хороший крем от морщин 40[/url]

    https://timeblock.ru/read/

  12. Rock Alternative Classic Rock Classical Jazz Heavy Metal Blues Rock and Roll Classical Rock/Progressive Rap/hip-hop Progressive Rock Dance/Electronica Oldies Indie Rock Folk Soundtracks/theme Songs Soul/funk Country Thrash Metal Grunge Reggae Heavy Metal R&B New Wave Blues Rock Power Metal Psychedelic Rock Post Punk Big band Hardcore Industrial Religious Folk Metal Bluegrass Opera Metalcore Glam Rock Symphonic Metal Soul Techno Post-Rock Soft Rock Britpop Disco

    mp3 flac download full album vinyl

    https://adputreurenasur.premcamaldaburtatalwalahobackprin.info/

  13. [url=https://www.skyrevery.com/destinations/private-jet-london/]London Private Jet Charter [/url] – more information on our website [url=https://skyrevery.com]skyrevery.com[/url]
    [url=https://skyrevery.com/]Private jet rental[/url] at SkyRevery allows you to use such valuable resource as time most efficiently.
    You are the one who decides where and when your private jet will fly. It is possible to organize and perform a flight between any two civil airports worldwide round the clock. In airports, private jet passengers use special VIP terminals where airport formalities are minimized, and all handling is really fast – you come just 30 minutes before the estimated time of the departure of the rented private jet.
    When you need [url=https://skyrevery.com/]private jet charter[/url] now, we can organise your flight with departure in 3 hours from confirmation.

  14. Основываясь на долгий полученный опыт в этом секторе и квалифицированную команду профессионалов, по [url=https://akvasos.ru/promyvka-dozhdevoj-kanalizacii/]промывка дождевой канализации[/url], промывка скважины, замена глубинных насосов, монтаж насоса в скважине[/url], промывка дренажной канализации, восстановление производительности скважин, промывка дождевой канализации, поставка скважинных труб и тому подобное. Данные услуги хорошо пригодятся в различных направленностях, в разного рода как коммерческий, а также жилой сектор, сельхозхозяйство и ирригация. Наша команда профессионалов располагает большим жизненным опытом во многих областях, это даёт возможность нашей фирме реализовывать данные работы такие услуги как очистка скважины, обслуживание скважин, прочистка скважин, очистка ливневой канализации, промывка дренажной канализации, Видеообследование скважины, замена СУЗ на скважине, периодическое обслуживание скважинбыстро и с полной отдачей. Предлагаемые услуги постоянно эксплуатируются абсолютно всеми нашими заказчиками за их быстрое исполнение и наилучшую расценочную политику.

LEAVE A REPLY

Please enter your comment!
Please enter your name here