The Central Government's decision to posthumously honour former prime minister PV narasimha Rao with the Bharat Ratna, the highest civilian award, has brought to light an interesting chapter in his political journey. In 1990, narasimha Rao had contemplated retiring from politics, having considered his political career over. He even sent his belongings, including books and a computer, to his son's house in Hyderabad, expressing his desire to join a monastery in tamil Nadu.However, the course of his life took an unexpected turn in 1991. After Rajiv Gandhi's assassination on May 21, 1991, there was a political discussion about introducing new data-faces in the cabinet. At the age of 69, narasimha Rao, not willing to bow down, had already decided to retire from politics. Nevertheless, everything changed after the tragic incident, and pranab mukherjee informed him of the party's consensus to make him the next president. Despite the sombre occasion, Rao expressed his happiness at the news.
Narasimha Rao, with the support of then-President R. Venkatraman and influential leaders like K. karunakaran from Kerala, was elected as the President of congress on May 29, 1991. Subsequently, the party made a significant comeback in the lok sabha elections the following month, securing 232 seats. As the most experienced leader, narasimha Rao became the prime minister of India.
During his tenure, investments in the country increased, and he played a pivotal role in introducing economic liberalization policies that set india on the path to rapid progress. His leadership attracted large-scale investments, leading to the entry of renowned brands and companies into the indian market and creating substantial job opportunities. The impact of narasimha Rao's tenure is recognized as a crucial period in shaping India's economic landscape.