'He deserves Bharat Ratna': Twitter recalls PV Narasimha Rao's work for Indian economy on his birth anniversary

On Sunday, Twitter paid glowing tributes to former Prime Minister PV Narasimha Rao on his birth anniversary on Sunday and recalled the pioneering role played by him in initiating economic reforms at a critical juncture when the Indian economy was on the brink of collapse.

Naidu referred to the measures initiated by Rao to liberalise the economy. "He sought to dismantle the restrictions imposed under the license raj, reduce red tape and make Indian industries more competitive," the Vice President recalled.

Observing that the former Prime Minister had laid the foundation for trade liberalisation and the re-integration of the Indian economy with the global economy, especially East Asian economies, the Vice President said: "This was a major shift from the inward orientation of the previous regimes to a new trajectory of globally integrated development".

He was a reformer and wanted India to learn from what was happening elsewhere in the world. He wanted the crisis to be turned into an opportunity, Naidu said.

Several even said that the former PM deserves a Bharat Ratna for his work for the Indian economy.

Here's how Twitter paid tributes to the architect of the Indian economic reforms;

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Published on: Sunday, June 28, 2020, 10:13 AM IST

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'He deserves Bharat Ratna': Twitter recalls PV Narasimha Rao's work for Indian economy on his birth anniversary