PV Narasimha Rao, the 9th Prime Minister of India, was honored with the Bharat Ratna, India's highest civilian award, in 2024, posthumously. He served as PM from 1991 to 1996, steering India through significant economic reforms and liberalization, paving the way for its integration into the global economy. Rao's tenure saw transformative changes in India's economic policies, including dismantling the License Raj and encouraging foreign investment. His leadership during a period of economic crisis laid the foundation for India's emergence as a major global economic power. The Bharat Ratna recognized his pivotal role in shaping modern India's economic trajectory.

PV Narasimha Rao, the 9th Prime Minister of India, was honored with the Bharat Ratna, India's highest civilian award, in 2024, posthumously. He served as PM from 1991 to 1996, steering India through significant economic reforms and liberalization, paving the way for its integration into the global economy. Rao's tenure saw transformative changes in India's economic policies, including dismantling the License Raj and encouraging foreign investment. His leadership during a period of economic crisis laid the foundation for India's emergence as a major global economic power. The Bharat Ratna recognized his pivotal role in shaping modern India's economic trajectory.