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Liberalisation

India · 1994S.R. Bommai verdict checks Article 356 and affirms secularism as basic structure

Under P.V. Narasimha Rao, the nine-judge S.R. Bommai verdict made President's Rule subject to judicial review and affirmed secularism as part of the basic structure. India made the rupee convertible on the current account, signed the Marrakesh Agreement that created the WTO and flew its first successful PSLV mission; a plague outbreak struck Surat.

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Key figures

P.V. Narasimha Rao — Prime Minister; led the minority government deepening liberalisation.Manmohan Singh — Finance Minister; steered current-account convertibility and introduced service tax.Shankar Dayal Sharma — President of India.M.N. Venkatachaliah — Chief Justice of India until October 1994.A.M. Ahmadi — became Chief Justice of India (25 October 1994); sat on the S.R. Bommai bench.K. Kasturirangan — ISRO Chairman during the first successful PSLV flight.

UPSC / State PCS — Exam focus

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