3 April 2015

Narasimhanomics and the middle way

SANJAYA BARU

He may not have been the ‘architect’ of post-Nehruvian economic policy, but he demonstrated greater political courage in advocating and leading it than his predecessor. He was also, without doubt, the ‘architect’ of India’s post-Cold War foreign policy

The government of India has decided to honour the memory of former Prime Minister P.V. Narasimha Rao, more than a decade after his passing away, with a memorial in the national capital. New Delhi has streets named after all and sundry, from conquerors to councillors, and at least three members of PV’s Council of Ministers (Arjun Singh, Madhavrao Scindia and Rajesh Pilot) each have a street named after them, but not PV. 

While PV’s loyal Finance Minister, Manmohan Singh, respectfully paid tribute to him every year during his prime ministership, his government was neither able to build a memorial nor award PV the nation’s highest honour for his contribution to economic and foreign policy. Interestingly, the move to honour PV has come from non-Congress political leaders of Andhra Pradesh and Telangana.Architect in his right.

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