PV Narasimha Rao Selected For Prestigious Bharat Ratna!
There is a long-standing demand to honour him with the highest civilian award Bharat Ratna.
By: Tupaki Desk | 9 Feb 2024 8:04 AM GMT
Pv Narasimha Rao is a celebrated Prime Minister whose work is unparalleled. When the country was dealing with the debts, he made big decisions to start a new era of economic development. The doors of investments were opened and benefited the country largely.
There is a long-standing demand to honour him with the highest civilian award Bharat Ratna. The previous government in Telangana BRS actively raised the demand earlier saying that he should be honoured with the award for the valuable contributions he made to the country.’
The 1990s was the time India was dealing with a few issues as far as the economy was concerned. As Prime Minister Mr. Rao made wonders and opened the doors for globalization, liberalisation, and privatisation and the three decisions helped the country.
With Globalisation the Indian economy benefited largely. With no barriers on trade, the sector blossomed and big industries entered our territory. Mainly the pharmaceutical companies and others came to India.
Liberalization: Under this initiative, the economic policy was liberalised and the rules were relaxed. With the relaxation of rules and no unwanted obstacles the economy blossomed further
Privatisation: Under the same te private players were given a chance to run certain state-owned entities. With the money coming from the private sector, the sectors saw a big growth and the employment created by the sectors also increased.
Current Prime Minister Narendra Modi shared the news of PV Narasimha Rao conferred with the Bharat Ratna. He said that he is delighted to share the news.
“Narasimha Rao Garu’s tenure as Prime Minister was marked by significant measures that opened India to global markets, fostering a new era of economic development. Furthermore, his contributions to India's foreign policy, language and education sectors underscore his multifaceted legacy as a leader who not only steered India through critical transformations but also enriched its cultural and intellectual heritage,” PM Modi said on social media.
