
Indian PM who launched economic liberalization in 1991.
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As Prime Minister, P. V. Narasimha Rao initiated sweeping economic reforms in response to a balance of payments crisis. The reforms dismantled the License Raj, reduced tariffs, and opened India's economy to foreign investment, leading to rapid growth.
P. V. Narasimha Rao became the ninth Prime Minister of India, leading a minority Congress government. His appointment came after the assassination of Rajiv Gandhi during the election campaign.
During Rao's tenure, the Babri Masjid in Ayodhya was demolished by Hindu activists, triggering nationwide communal riots. Rao's government was criticized for failing to prevent the demolition and for its handling of the aftermath.
Note: This event is incorrectly attributed to Rao. The 1998 nuclear tests were conducted under Atal Bihari Vajpayee. Rao's government did not conduct nuclear tests. This entry is removed.
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