"In July 1991, he opened the economy and dismantled import controls, lowered customs duties, and devalued the currency. … The move virtually abolished licensing controls on private investment, dropped tax rates, and broke public sector monopolies. It was felt as though a second independence had arrived."
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Novelists from IndiaPoets from IndiaIndian National Congress politiciansLawyers from IndiaPrime Ministers of India
Original Language: English
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R.P. Bhattacharjee in: Bimal J. Deb, Keya Sengupta, B. Datta-Ray (Editors)Globalization and North East India, Concept Publishing Company, 2008, p. 235.
https://en.wikiquote.org/wiki/P._V._Narasimha_Rao
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P. V. Narasimha Rao
1991 – 1996
P. V. Narasimha Rao, born Pamulaparti Venkata Narasimha Rao (Telugu:పాములపర్తి వేంకట నరసింహ రావు June 28, 1921 – December 23, 2004) was an Indian lawyer and politician who served as the tenth Prime Minister of India (1991–1996). His ascendancy to the prime ministership was politically significant in that he was the first holder of this office from non-Hindi-speaking south India.
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