P.V. Narasimha Rao

Introduction

Pamulaparti Venkata Narasimha Rao was born on June 28, 1921, and he was a lawyer and a politician. He became the ninth Prime Minister of India from 1991 to 1996. It was a big deal because he was the first Prime Minister from the southern part of the country in the non-Hindi-speaking region.

He made a lot of changes in the country, especially in the economy and national security. He is often called the "Father of Economic Reforms" because he helped make India a strong global economic power. He was a humble and respected leader who cared about the country more than politics. People really liked and respected him.

Early Years

P.V. Narasimha Rao was born in a village called Bheemadevaralli Mandal in Karimnagar district, which used to be part of Andhra Pradesh but is now part of Telangana. After India became independent from British rule, he became an important member of the Indian National Congress. Before that, he was involved in protests against the British government.

He was a student leader and led many movements against the unfair treatment of people by the British. He was also part of the Vande Mataram Movement in Hyderabad in the 1930s. Because of his involvement in protests, he and his friends were often arrested by the British. P. V. Narasimha Rao was very good with languages. Even though his first language was Telegu, he could speak nine other Indian languages and six foreign languages. This skill allowed him to write for a Telegu magazine with his cousins under the name 'Jaya-Vijaya.'

Profile of P.V. Narasimha Rao

• Name: PV Narasimha Rao
• Profession: World Leader
• Birth Date: June 28, 1921
• Birth Place: India
• Died: December 23, 2004 (age 83)
• Birth Sign: Cancer
• Father's Name: Sitarama Rao
• Mother's Name: Rukmini
• Wife's Name: Satyamma Rao

Qualification of P. V. Narasimha Rao

• School Name: Bheemdevarapalli Mandal, Katkuru
• University Name: Osmania University in Hyderabad and Hislop College
• Degree: Master in Law

Personal Life and Family

His father's name is Sitarama Rao, and his mother's name is Rukmini, who were farmers. When he was three years old, Pamulaparthi Ranga Rao and Rukminamma adopted him. He came from a very humble background and loved to study and learn about India's fight for independence. He got married to Satyamma Rao, and the couple had eight children. Their oldest son was a Minister of Education, and their second son was a Member of Parliament.

Education of P. V. Narasimha Rao

Under the guidance of his relative Gabbeta Radhakishan Rao, P. V. Narasimha completed his elementary education at the village of Katkuru in the Bheemdevarapalli Mandal, which is located in the Karimnagar District. He then enrolled at Osmania University in Hyderabad, India, to pursue a Bachelor of Arts degree. After graduating, P. V. Narsimha Rao went on to extend his education, earning a Master's in Law from Hislop College, which is now a part of Nagpur University.

P. V. Narashima Rao's extraordinary language abilities are well recognized. He was a multilingual man of unmatched skill, having learned 10 Indian languages in addition to six other languages. P. V. Narasimha Rao spoke Bengali, Hindi, Gujarati, Oriya, Tamil, Kannada, Marathi, Urdu, and Sanskrit in addition to his native Telegu. P. V. Narasimha Rao was also skilled in Arabic, Persian, Spanish, German, French, and English, which only served to enhance his language abilities.

P. V. Narasimha Rao was involved in the liberation movement for India's independence even before he joined as a mainstream member of the Indian National Congress. It goes without saying that his flawless language skills made him a highly effective speaker who could connect with the locals without difficulty, making him the undisputed leader of the local populace.

Political Career

P. V. Narasimha Rao started getting involved in politics when he was young and fought against the foreign government ruling India. He was arrested many times, but that didn't stop him from fighting for India's freedom. He spoke many languages and was able to inspire people to join the freedom movement. After India became independent, he joined the Indian National Congress party and became the Chief Minister of Andhra Pradesh, where he made important changes to the land ownership system.

He also held important positions in the national government, working with Prime Ministers Indira Gandhi and Rajiv Gandhi. When Rajiv Gandhi was killed, P. V. Narasimha Rao became the Prime Minister and served for five years. He then won a big election to join the Parliament. One of his important decisions as Prime Minister was choosing an expert in economics, Dr. Manmohan Singh, as the Minister of Finance. Together, they made important changes to help India's economy. P. V. Narasimha Rao also led a session of the Indian National Congress in 1992.

Contribution and Role of Prime Minister P. V. Narasimha Rao

P. V. Narasimha Rao was a very important leader in India, especially when it came to the economy. He worked with another person named Dr. Manmohan Singh to make big changes to how the country's economy worked. They knew that if they didn't do anything, the economy would get really bad. So, they made a plan called the New Economic Policy in 1991. This plan encouraged other countries to invest in India, made it easier for businesses in India to do what they wanted, and changed how trade worked. They also tried to make the government's money situation better by spending less. These changes helped India a lot and made it a strong country in the world economy.

In 1992, a new law called the SEBI Act was introduced. This law gave SEBI the power to register and control all the people and companies involved in the stock market. Before this, there was another organization called the Controller of Capital Issues that decided how much companies could sell their shares for, but that organization was abolished in 1992.

In the same year, India's stock market was opened up to foreign investors, which means people from other countries could invest in Indian companies. Indian companies were also allowed to raise money from international markets by selling something called Global Depository Receipts.

The government also made some changes to the rules about trade. They reduced the taxes on imports and exports and made it easier for foreign companies to invest in India. They also made it faster and easier for foreign companies to get approval for their projects in India.

In 1994, a new computer-based trading system called the National Stock Exchange was started. It made it easier for people to buy and sell stocks. The National Stock Exchange became the biggest stock exchange in India by 1996. Apart from all these economic changes, P. V. Narasimha Rao also played a big role in improving India's relationships with other countries, especially the countries in Southeast Asia.

He started a policy called the 'Look East' policy, which helped India become friends with the Association of Southeast Asian Nations. In 1998, the nuclear tests at Pokhran were the result of his efforts, which also included pushing for issues pertaining to India's ballistic missile projects and National Nuclear Security.

Also receiving praise was P. V. Narasimha Rao for his handling of the 1993 Mumbai Blasts after the disaster. Rao personally visited the sabotaged sites and invited foreign intelligence services, including those from the U.S. and the U.K., to conduct their independent investigations alongside Indian counterterrorism personnel.

Difficulties Encountered while Holding the Prime Minister's Position

During P. Narasimha Rao's time as Prime Minister, many difficult things were happening in India. One of them was a big economic problem that could have been really bad, but luckily, it was fixed with a new plan. Another problem was when a mosque was destroyed, and it caused a lot of fighting between Hindus and Muslims. There was also a big earthquake that hurt a lot of people and made them have to leave their homes. But the Prime Minister helped fix things and gave people help and new opportunities.

Charges of Corruption

In 1993, P. V. Narasimha Rao's government was accused of not having enough support from other politicians. The opposition said that he had paid some politicians to vote for him in an important trial. The investigations into these accusations started after Rao finished being the Prime Minister in 1996. But in 2002, a court in Delhi said that there wasn't enough proof to say that Rao had done anything wrong. A special agency did the investigation, and a few months later, Rao was found not guilty because there wasn't enough proof against him.

Achievements and Honors Received by P. V. Narasimha Rao

There are several accomplishments of P. V. Narasimha Rao. The most well-known is his ability to predict the impending economic catastrophe. In 1991, the New Economic Policy was implemented as a result of his prompt mitigation measures and Dr. Manmohan Singh's suggestions for improvement. Not only preserved the Indian economy but also set it up to become one of the world's superpowers in the eventual years.

One of the most well-known literary works in Telegu, "Veyipadagalu," by Kavi Samraat Viswanatha Satyanarayana, was translated into Hindi as "Sahasraphan" by P. V. Narasimha, a linguistic master of several languages, both Indian and foreign. In addition, he translated "Pan Lakshat Kon Gheto?" by Narayan Apte, a Marathi book that he translated into Telugu.

Death

P. V. Narasimha Rao was a very important person in India. He became sick with a heart problem and had to go to the hospital. Unfortunately, he passed away 14 days later when he was 83 years old. His family and important people came to his funeral to say goodbye.

The government of Telangana decided to celebrate his birthday as a special day in 2014. They built a special place called a memorial for him in Delhi. It has a special message on it that talks about all the great things he did in his life. He was a very smart and educated person who spoke many languages and was known for his ideas and contributions to the country.

Essential Details about P.V. Narasimha Rao

• He was the leader of India, and especially a part of India called Andhra Pradesh.
• He was the first-ever leader from the southern part of India.
• He is often called the father of Indian economic reforms and is compared to a wise leader from ancient India.
• He was the first to bring changes to the way India's economy worked.
• He was really amazing because they could speak a whopping 17 different languages.
• He won the election with all the votes when he ran for Prime Minister. His friend NTR supported him and didn't run against him because they both wanted a person from their Telugu community to become Prime Minister.
• The government removed the rules that controlled how businesses could operate.
• He made it so that the rupee could be easily exchanged for other currencies when trading.
• He wanted more money from other countries to come to India, so he made it easier for them to invest by allowing them to own more of the businesses they started together with Indian companies. In some important areas, he even let them own the whole business by themselves.
• In 1994, he created a new way for people to buy and sell stocks using computers. It helped make changes to how other stock exchanges in India worked. By 1996, the new stock exchange became the biggest one in India.
• With Rao's permission, Dr. Manmohan Singh started a plan to make India more connected with the rest of the world. He used ideas from the IMF to help save the country from a very big financial problem.
• In 1992, he invited people from other countries to invest in India's stock market. It helped India get back on track financially by getting money from other countries.
• They made the national nuclear security and ballistic missiles program more powerful, which led to the 1998 Pokhran nuclear tests.
• He spent more money on the military and made sure the Indian army was ready to fight against terrorism and rebellions and also against the nuclear capabilities of Pakistan and China.
• During his time in charge, the terrorists who were causing problems in Punjab were finally stopped.
• During Rao's time as the leader, he was really good at making sure that when hijackers tried to take control of airplanes, the government didn't give in to what they wanted.
• The Look East foreign policy helped India become friends with countries in Southeast Asia.
• Rao did a really good job handling the problems that happened after the bombings in Bombay on March 12, 1993, and lots of people said nice things about him.
• Atal Bihari Vajpayee and Manmohan Singh, who became Prime Ministers later, continued the economic reform policies started by Rao's government and were successful in their efforts.
• The only person from Telugu who has been the leader of India.

Conclusion

In conclusion, P.V. Narasimha Rao was a significant political figure in India, serving as the 9th Prime Minister of the country. His tenure, which began in 1991, was marked by notable economic reforms and changes in foreign policy. Rao faced the daunting challenge of steering India through a severe economic crisis, and his government's response was the initiation of liberalization and economic reforms.

Despite his economic achievements, Rao's legacy is also marked by controversy, particularly in relation to his handling of the Babri Masjid demolition in 1992. The incident led to communal tensions and remains a point of criticism in his legacy.

P.V. Narasimha Rao's contributions to India's economic transformation are widely acknowledged, but opinions on his overall legacy remain diverse. Some view him as a pragmatic and effective leader who navigated the country through a critical period, while others criticize aspects of his political decisions and the handling of certain events during his tenure. Nevertheless, his role in shaping India's economic policies continues to be a subject of study and discussion in political and economic circles.