Ratan Tata’s Handwritten Letter Praises PV Narasimha Rao’s Visionary Economic Reform
Ratan Tata’s Handwritten Letter Praises PV Narasimha Rao’s Visionary Economic Reform
Ratan Tata, in a handwritten letter to PV Narasimha Rao in 1996, conveyed his admiration for Rao’s remarkable accomplishments in initiating essential economic reforms in India.
Former Prime Minister Narasimha Rao is frequently referred to as the ‘Father of Indian Economic Reforms’ due to his pivotal role in reshaping India’s economy in 1996, guiding it towards recovery and transformation.
In a touching homage to the late industrialist Ratan Tata, Harsh Goenka, Chairman of the RPG Group, posted a photograph of a handwritten letter from Ratan Tata, dated 1996, which was directed to former Prime Minister PV Narasimha Rao.
The letter highlights Tata’s steadfast dedication to advancing India.
Ratan Tata praised Narasimha Rao in his letter for placing “India on the world map economically. This letter serves as a reminder of PV Narasimha Rao’s significant contribution to India’s economic liberalization during the early 1990s, which facilitated the nation’s integration into the global economy.
Beautiful writing from a beautiful person…. pic.twitter.com/AOxJPmVqNL
— Harsh Goenka (@hvgoenka) October 15, 2024
“As I read the recent spate of unkind references to you, I felt compelled to write you to tell you that while others’ memories may be short, I will always recognize and respect your outstanding achievement in heralding much-needed economic reforms in India. You and your government put India on the world map in an economic sense and made us part of a global community. Every Indian should owe you a debt of gratitude for the courageous and far-sighted “opening up” of India. I believe personally that your achievements are momentous and outstanding – and they should never be forgotten,” says the first paragraph in the letter.
Ratan Tata penned his letter soon after the Congress Party’s loss in the 1996 general elections, a period when numerous individuals had distanced themselves from PV Narasimha Rao.
Goenka shared the letter on social media with the caption, “Beautiful writing from a beautiful person,” which sparked a flurry of responses online.
“The purpose of this letter is just to tell you that my thoughts and best wishes are with you at this time, and that you can have at least one person who has not, and will never, forget what you have done for India,” Tata concludes the letter.
Numerous individuals conveyed comparable sentiments, acknowledging the significance of Tata’s homage and the influential leadership of Rao.
One user said, “All of us certainly owe to him for where India is today. He sowed the seeds of transformation.” Another comment was, “Ratan Tata appreciated the ex-PM for opening up the Indian economy and expressed gratitude. A gem of India supporting another gem.”
PV Narasimha Rao served as Prime Minister from 1991 to 1996 and passed away in 2004. Recently, Ratan Tata, the billionaire philanthropist and former chairman of the Tata Group, also passed away at the age of 86 in Mumbai.
