Lably
Skip to content

Chandra Shekhar

Prime Minister of India from 1990 to 1991

  • 8 min read
  • 8 chapters
Chandra Sekhar, Indian PM in 1991
CoastShine · CC BY-SA 4.0

Related on Lably

Through Indian National Congress, Lok Sabha and World Bank Group

His government was formed with the fewest party MPs in the Lok Sabha. His government could not pass the budget at a crucial time when Moody's had downgraded India's credit rating, after Shekhar's government was unable to pass the budget, global credit-rating agencies further downgraded India from investment grade, making it impossible to even get short-term loans, and in no position to give any commitment to reform, the World Bank and IMF stopped their assistance. Shekhar had to authorise the mortgaging of gold to avoid default of payment, and this action came in for particular criticism, as it was done secretly in the midst of the election. The 1991 Indian economic crisis and the assassination of Rajiv Gandhi plunged his government into crisis. Granting the permission for US military planes to refuel at Indian airports during the Gulf War improved the Prime Minister's image with the West.

Personal life

Early years and education

Chandra Shekhar was born on 17 April 1927 in a Rajput family at Ibrahimpatti, a village in Ballia, Uttar Pradesh. He came from a farming background. He was awarded a Bachelor of Arts (graduate) degree at Satish Chandra P.G. College. He attended Allahabad University, obtaining his master's degree in political science in 1950. He was known as a firebrand student leader in student politics and started his political career with Ram Manohar Lohia. After completing his graduation, he became active in socialist politics.

Family

Chandra Shekhar married Duja Devi. Duja Devi Degree College, founded in 1999 in Ballia district, Uttar Pradesh, is named after her.

He had two sons with her, Pankaj Shekhar and Neeraj Shekhar.

Sign in to keep reading

7 more chapters are free with a Lably account.

More in India