Why Pvnr Is Considered As The Most Intelligent Indian Politician Ever

[Hyderabad_Nawab]

 

P.V.  Narasimha Rao was fluent in 16 languages. In addition to 7 Indian  languages (Telugu, Hindi, Urdu, Oriya, Marathi, Bengali, Gujarati,  Tamil), he spoke English, French, Arabic, Spanish, German, Greek, Latin  and Persian. He was well versed with subjects related to economics, law, history, politics  & arts. he was rightly called the scholar among politicians. He was  deeply respected among his intellectual circles.

Probably the most under-rated leader, P.V.Narasimha Rao can be considered as one of the makers of modern India. If  India has managed to shed it’s image of snake charmers and turned into a  major IT hub and a promising economic superpower in the making, a  significant part of the credit for this transformation must go to PV due  to his bold economic reforms.

PV rose up the political ladder and by the early 1970s, he  was identified by Indira Gandhi for his political acumen and was  requested to carry out the land reform act in which fuedal landlords  were convinced/compelled/forced to distribute their holdings to landless  peasants. During the process, PV gave up most of his own inherited  estate as well.

After the assassination of Rajiv Gandhi in 1991 Sonia Gandhi was suggested to become the party chief in a high level party meeting. PV, a staunch believer in merit, shot back saying: “Why should the Congress party be hitched to the Nehru-Gandhi family like train compartments to the engine?“. Seniors could not defend their stand of why only a Nehru-Gandhi family member  had to be made the party chief when there were already seasoned veterans  like PV.

After Congress won the elections in 1991, PV was made the Prime Minister  and it was a paradigm shift because he was the first person outside the  Nehru-Gandhi family to serve as PM for full 5 years. Having said that,  the year 1991 was the worst year (since independence) for anybody to  assume PM office. The collapse of Soviet Union had great repercussions  across the world and India being a socialist economy was severely  affected. Nehru’s economic model which was oriented towards Licence Raj,  red tape & bureaucracy leading to large scale corruption had  resulted in 2-3% annual growth (which was mocked as “Hindu rate of  growth” by economists) and the subsequent protection of such model by  Indira Gandhi had led the nation into darkness and economic standstill.

In fact, when PV became the PM, the  nation was on the verge of bankruptcy. Due to high fiscal deficit as a  result of closed economy for 4 decades, higher defence expenditure,  unnecessary subsidies (mainly for vote bank politics), rising debt  payments and other factors, India began to rely on external funds which  led to a cycle of vicious borrowing from foreign banks. In 1991, all  hell broke loose and India had run out of forex i.e When PV became the  PM, India was in a pathetic condition where it could sustain only for 15  days after which it had to declare bankruptcy.

India had to airlift  it’s 47 tonnes of Gold reserves as a pledge to IMF for a loan which had  led to Indians hanging their heads in shame!!

Serious & bold measures had to be  taken up and the solution was to open up the economy which was against  the ideology of the Congress party which had always adored Nehruvian  economy and central planning. PV was in a fix because on one side, if he  wanted to keep his party happy, he had to allow the economy to collapse  and on the other hand, if he took up steps to revive the economy, he  would face the wrath of his party. Fortunately, he chose the latter and  to the shock of the Congress stalwarts, he initiated reforms. Dr.  Manmohan Singh, a renowned economic professor was invited by PV to form a  committee to formulate reforms in the best interest of the nation.  Complete freedom & support was given to Dr. Manmohan’s team and PV  shielded the team from Congress party so that they could do their jobs  effectively. Within few months, the measures began to bore fruits and  the economy began to recover. A significant part of the public sector  was privatized, license raj was abolished leading to entrepreneurship  & competition, state control & red tape was reduced and policies  on foreign investments were modified to allow for more investments.

 

These measures & reforms were broadly termed “Economic  liberalisation of India” and one of the major side effect of it has  been the IT revolution which led to India becoming the Knowledge hub of  the world. In a way, these measures helped curb the brain drain because  graduates who were leaving India due to lack of opportunities began to  reconsider their options because of the in-house IT, BT & BPO  revolutions and most of them stayed back in India and some of them who  had fled to US & Europe returned to India (Reverse brain drain).  Entrepreneurship took off in India. The world began to take notice  of India for it’s high economic growth and IT sector which have been  featured on cover pages of TIME magazine as well. All the above  mentioned positive outcomes would not have been possible if not for the  bold measures taken by PV who cared for the nation and not for his  party. Due to these reasons, his own party has been ignoring and  degrading him and even today does not want to give him the credit for  his bold steps.

Looking back in hindsight, one can say that India achieved political  independence in 1947 but had to wait till 1991 for economic  independence. If Mahatma Gandhi can be called the architect of India of  20th century, P. V. Narasimha Rao can be called the architect of Modern  India of the 21st century. We need leaders like PV who can put the interest of nation above party’s interests.

[always_happy116]

GP

[ravula]

Bl@st Bl@st Bl@st Bl@st Bl@st

[TOM_BHAYYA]

Edhaina/evaraina AnnaGari tharvathe

[SeemaLekka]

Chadavaledu aina Gp

[Sona_Parv001]

Edhaina/evaraina AnnaGari tharvathe

enduku alaa?

[ravula]

enduku alaa?

Madi royal vamsham kabatti

[ravula]

Chadavaledu aina Gp

Baa :)

[dappusubhani]

anta chadavaledu..last lo RED line chusa.. chalu.. no doubt.. he did a lot to India..

[maverick23]

PV shoudl ahve been in BJP.......

[dkchinnari]

becoz he is from TG bl@st

[SeemaLekka]

Lol

[Hyderabad_Nawab]

becoz he is from TG bl@st

Before dat he is Indian and Next Telugu ..

[Hyderabad_Nawab]

Chadavaledu aina Gp

 

 

anta chadavaledu..last lo RED line chusa.. chalu.. no doubt.. he did a lot to India..

 

Luv da la Discolaki matram tym untadhi meeku..

[dkchinnari]

Before dat he is Indian and Next Telugu ..

frst he is tg think like pulka man