Article 105 of the constitution of India allows freedom of speech in parliament. In order to uphold the same, MPs must not be prosecuted in a court of law for what they said or how they voted in the house. The question has been considered by the Supreme Court twice – 25 years apart.
Today, we remember and pay homage to the man who paved the way for modern India. During his tenure, the government undertook a major economic transformation and handled several home security incidents in India.
Thirty years since 1991, Prime Minister Narendra Modi has finally initiated another mega-round of reforms that rival the 1991 reforms in their scope; most importantly, farm laws and labour codes
The progress made so far appears patchy and reluctant. Comprehensive and constitutionally-enforceable policies for sustainable development and digital commerce need to be evolved and implemented earnestly, at the earliest
Apart from PV Narasimha Rao, who provided the all-important political backing for these reforms, what facilitated the reforms was the unique coming together of a group of like-minded officials
India’s economic diplomacy has to pull itself up by its bootstraps to keep up with global challenges
In 1991, a section of industrialists, bureaucrats, politicians and stock brokers opposed the dawn of the new competitive era, just as vested interests have tried hard to derail the much-needed recent reforms such as the GST and new farm laws
For me personally, and for my contemporaries, it is a bittersweet realisation that had it not been for the 1991 economic crisis which forced India to liberalise, India’s economic trajectory would have been different
The opposition Congress and BJP supported the resolution, while the AIMIM stayed away from the Assembly proceedings for the day.
In an era where Congressmen are falling like ninepins to the lure of power, Narasimha Rao nipped in the bud efforts to draw him into leading a rebellion against his party, even when he was being ill-treated in the party
Singh, while addressing the inaugural function of the year-long birth centenary celebrations of the late prime minister organised by the Congress's Telangana unit, said he is particularly happy that the programme coincides with the presentation of the first budget of Rao's government by him in 1991.
Speaking exclusively to CNBC-TV18 Former RBI Governor YV Reddy said that the institutional identity of the banking regulator has been damaged. It is a full-service central bank, he said, adding that the emphasis is only on the monetary policy.
At the launch of former journalist Sanjaya Baru's book '1991: How PV Narasimha Rao made history' here last night, Rangarajan also said Rao's Finance Minister and former PM Manmohan Singh had also played a pivotal role in rolling out the reforms but did not get due credit for his endeavours.
Senior Congress leader P Chidambaram on July 4 said credit cannot be taken away from late Prime Minister P V Narasimha Rao for the economic reforms driven by him in the 90s but Ayodhya "blotted his record"