

BHARAT RATNA for P.V.NARASIMHARAO


BHARAT RATNA for P.V.NARASIMHARAO
The Issue
Dear Sir,
I am writing this to you to that to requesting you to give BHARAT RATNA award to the our former Prime Minister of India P.V.NARASIMHA RAO who also served as Chief Minister of United Andhra Pradesh, who is known as "father of Indian economic Reforms", for his contribution to our mother land not only as politician but also for his literary works.
The former Prime Minister worked hard to make the country self-reliant, to increase economic growth, and to double the rate of growth. The Congress did not recognize him but we recognize his merit and are going to award him with the highest civilian award in the country. He introduced necessary reforms and removed the license –quota raj. He was very fluent in many languages including his mother tongue Telugu, Marathi, Hindi, English, Tamil, Urdu, Kannada, Oriya, Sanskrit, French, and Spanish. He was able to speak 17 languages, well versed with subjects related to economics, law, history, politics & arts.
His works
* for Land reforms and ceiling act in United Andhra Pradesh as Chief Minister.
*formation of look east policy.
*Introducing the SEBI Act of 1992
*Initiated the New India-Israel ties.
*Slashed industrial licensing Raj system.
*Introducing LPG reforms.
*Encouraging foreign direct investment by increasing the maximum limit on share of foreign capital in joint ventures.
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.
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.

The Issue
Dear Sir,
I am writing this to you to that to requesting you to give BHARAT RATNA award to the our former Prime Minister of India P.V.NARASIMHA RAO who also served as Chief Minister of United Andhra Pradesh, who is known as "father of Indian economic Reforms", for his contribution to our mother land not only as politician but also for his literary works.
The former Prime Minister worked hard to make the country self-reliant, to increase economic growth, and to double the rate of growth. The Congress did not recognize him but we recognize his merit and are going to award him with the highest civilian award in the country. He introduced necessary reforms and removed the license –quota raj. He was very fluent in many languages including his mother tongue Telugu, Marathi, Hindi, English, Tamil, Urdu, Kannada, Oriya, Sanskrit, French, and Spanish. He was able to speak 17 languages, well versed with subjects related to economics, law, history, politics & arts.
His works
* for Land reforms and ceiling act in United Andhra Pradesh as Chief Minister.
*formation of look east policy.
*Introducing the SEBI Act of 1992
*Initiated the New India-Israel ties.
*Slashed industrial licensing Raj system.
*Introducing LPG reforms.
*Encouraging foreign direct investment by increasing the maximum limit on share of foreign capital in joint ventures.
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.
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.

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Petition created on 15 December 2015