Yeah PV Narsimha Rao too and not our MMS only... PVR was the PM & the cabinet minister for industry in 1991. He signed the papers liberating India from licence raj not MMS. MMS definitely played the role of the finance minister, and a thinking one too. But the driving force was PVR. MMS gave us Indo-US nuclear deal when he was the PM and he must be credited for putting his foot down and risking his govt. when the left threatened to walk and did walk away from the coalition. But to say that the decision as big as LPG was taken by MMS is to simply ignore the fact that in parliamentary democracy, PM is the leader and in this case, he also happened to be the cabinet minister for industry.
"At about 12.50 p.m., P.J. Kurien, the Minister of State for Industry and now the Deputy Chairman of the Rajya Sabha, got up in the Lok Sabha and read out a brief statement: “Sir, I beg to lay on the table a statement (Hindi and English versions) on Industrial Policy”. That was it: a bland statement to usher in a radical transformation of Indian enterprise and open up a whole new future for Indian entrepreneurs. The statement made a bonfire of all licensing controls..."
https://www.thehindu.com/…/Twenty-five-…/article14504910.ece
https://www.thehindu.com/…/Twenty-five-…/article14504910.ece
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