Why this matters now

Narasimha Rao is tested for: the 24 July 1991 Industrial Policy + Manmohan Singh’s budget speech (“no power on earth can stop an idea whose time has come”); the rupee devaluation 1-3 July 1991 (Rs 20→Rs 25.95/USD, 18%); the 73rd + 74th Constitutional Amendments 1992 (Panchayati Raj + Nagarpalika); the “Look East” foreign policy 1991; the Babri Masjid demolition 6 December 1992 under his watch; and Bharat Ratna 2024 (posthumous).

1991-96
PM tenure
1991 LPG
Reforms architect
73rd+74th 1992
Panchayati Raj
Bharat Ratna 2024
Posthumous

Early life: polyglot scholar

Born on 28 June 1921 at Vangara village, Karimnagar district, Hyderabad State (now Telangana) to a Telugu Brahmin family. Osmania University LLB; polyglot fluent in 17 languages including Telugu, Marathi, Hindi, English, Spanish, French, Sanskrit, Persian, Arabic, Urdu, Kannada, Tamil. Translated Tirumala Daddhi from Hindi to Telugu; novel The Insider 1998 (autobiographical).

Joined Congress 1957; Andhra Pradesh CM 1971-73; Union Home Minister 1984-86 + External Affairs 1980-84 + 1988-89 + Defence 1985 + HRD 1985-89; led India to UN Human Rights Commission Geneva defending Kashmir 1994.

PM 21 June 1991 - 16 May 1996

Picked by Congress as a compromise candidate after Rajiv Gandhi’s 21 May 1991 assassination — he was preparing to retire from politics. June 1991 Lok Sabha: Congress 244 (largest single party but short of majority). Won confidence vote 244 to 252 with outside support and defections.

DateMilestone
21 June 1991Sworn in PM. Manmohan Singh inducted as FM on 24 June.
1-3 July 1991Rupee devalued 18.5% (Rs 20→Rs 25.95/USD) in two steps by RBI Gov S. Venkitaramanan.
24 July 1991New Industrial Policy — ended License Raj (industrial licensing abolished for all but 18 industries; later 6); FDI eligible 51% (later 100%); MRTP Act diluted; PSE disinvestment begins.
24 July 1991Budget speech by FM Manmohan Singh: “No power on earth can stop an idea whose time has come” (Victor Hugo).
1992Look East Policy — engaging ASEAN, Singapore. India ASEAN Sectoral Dialogue Partner 1992.
199273rd + 74th Constitutional Amendments — Panchayati Raj + Nagarpalika institutions; 33% women reservation; 5-year term.
1992Indian Embassy in Tel Aviv opened — full diplomatic relations with Israel.
6 Dec 1992Babri Masjid demolished by kar sevaks (BJP/RSS/VHP). Rao alleged to have been “asleep”; later prosecuted under JMM Bribery case.
1993Securities scam (Harshad Mehta Rs 4000 cr); Mumbai serial blasts 12 March 1993 (257 killed).
1994India joined the WTO (1995, GATT-Marrakesh).
1995Trade with Israel + South Korea + Iran ramped; Nuclear test plan 1995 aborted due to US satellites + Western pressure.
1996Lost LS to BJP-led NDA + Janata Front. Vajpayee 13-day PM.

Legacy & Bharat Ratna 2024

Post-PM, JMM bribery case (1996) acquittal 2000; St. Kitts forgery case; Pathak case. Died 23 December 2004 at Delhi aged 83 of heart attack. Bharat Ratna posthumously 9 February 2024 — along with Charan Singh, M.S. Swaminathan, L.K. Advani, Karpoori Thakur. PV Memorial Park at Hyderabad; statue at Vasakuduvana Park.

UPSC angle

Know P.V. Narasimha Rao (b. Vangara village Karimnagar Hyderabad State 28 June 1921, d. Delhi 23 Dec 2004) — polyglot 17 languages (Telugu/Marathi/Hindi/English/Spanish/French/Sanskrit/Persian/Arabic/Urdu/Kannada/Tamil); Osmania LLB; Andhra Pradesh CM 1971-73; Union Home Min 1984-86 + EA 1980-84+1988-89 + Defence 1985 + HRD 1985-89; 9TH PM India FIRST SOUTH INDIAN 21 JUNE 1991 - 16 MAY 1996; chose Manmohan Singh as FM 24 June 1991; RUPEE DEVALUATION 1-3 July 1991 (Rs 20→Rs 25.95/USD 18.5% two steps RBI Gov Venkitaramanan); 24 JULY 1991 NEW INDUSTRIAL POLICY (ended License Raj all but 18 industries) + Manmohan Singh BUDGET SPEECH “no power on earth can stop an idea whose time has come” (Victor Hugo); LOOK EAST POLICY 1991 (India ASEAN Sectoral Dialogue Partner 1992); 73RD+74TH CONSTITUTIONAL AMENDMENTS 1992 Panchayati Raj+Nagarpalika (33% women + 5-year); Israel embassy Tel Aviv 1992; BABRI MASJID DEMOLISHED 6 Dec 1992; Harshad Mehta scam 1993 + Mumbai blasts 12 March 1993 (257 killed); India joined WTO 1995 Marrakesh; nuclear test 1995 aborted US satellites; novel The Insider 1998; JMM bribery case 1996 acquitted 2000; BHARAT RATNA POSTHUMOUS 9 Feb 2024 (with Charan Singh + MS Swaminathan + LK Advani + Karpoori Thakur).

Frequently asked questions

What were the 1991 reforms?

Liberalisation (license raj ended 24 July 1991), Privatisation (PSE disinvestment), Globalisation (FDI eased, WTO joined 1995) — collectively LPG, by PM Narasimha Rao + FM Manmohan Singh.

What are the 73rd and 74th Amendments?

Passed 1992 under Narasimha Rao — constitutionalised Panchayati Raj and Nagarpalika local bodies with 33% women reservation, 5-year terms, SC/ST proportional reservation.

What is the Look East policy?

PM Narasimha Rao’s 1991 reorientation of Indian foreign policy toward ASEAN. India became ASEAN Sectoral Dialogue Partner 1992; Modi upgraded to “Act East” 2014.

When was Narasimha Rao awarded the Bharat Ratna?

Posthumously on 9 February 2024 — along with Charan Singh, M.S. Swaminathan, L.K. Advani and Karpoori Thakur.