Chandra Shekhar
Chandra Shekhar 'बाबूसाहेब' | |
|---|---|
Shekhar on a 2010 postage stamp of India | |
| Prime Minister of India | |
| In office 10 November 1990 – 1 June 1991 | |
| President | Ramaswamy Venkataraman |
| Vice President | Shankar Dayal Sharma |
| Deputy | Chaudhary Devi Lal |
| Preceded by | Vishwanath Pratap Singh |
| Succeeded by | P. V. Narasimha Rao |
| Member of Parliament, Rajya Sabha | |
| In office 3 April 1962 – 22 March 1977 | |
| Constituency | Uttar Pradesh |
| Member of Parliament, Lok Sabha | |
| In office 2 December 1989 – 8 July 2007 | |
| Preceded by | Jagannath Chowdhary |
| Succeeded by | Neeraj Shekhar |
| Constituency | Ballia, Uttar Pradesh |
| In office 22 March 1977 – 31 October 1984 | |
| Preceded by | Chandrika Prasad |
| Succeeded by | Jagannath Chowdhary |
| Constituency | Ballia, Uttar Pradesh |
| President of the Janata Party | |
| In office 1977 – 1988 | |
| Preceded by | Office established |
| Succeeded by | Ajit Singh |
| Personal details | |
| Born | 17 April 1927 |
| Died | 8 July 2007 (aged 80) |
| Party | Samajwadi Janata Party (Rashtriya) (1990–2007) |
| Other political affiliations |
|
| Spouse | Duja Devi |
| Children | 2 (including Neeraj Shekhar) |
| Alma mater | Allahabad University (M.A) |
| Signature | |
| Monuments | Jannayak Sthal |
Chandra Shekhar (17 April 1927 – 8 July 2007), also known as Jananayak, was an Indian politician and the prime minister of India, between 10 November 1990 and 21 June 1991. He headed a minority government of a breakaway faction of the Janata Dal with outside support from the Indian National Congress. He was the second Indian Prime Minister who had never held any prior government office.
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.