INC government
Scroll sideways to see all years.
Previous: Chandra Shekhar. Next: Atal Bihari Vajpayee.
| Party | Share | Years in power (weighted) | Note |
|---|---|---|---|
| INCLead party | 100% | 4.9 | INC won 244 of the seats (232 in the June 1991 polls plus 12 in the Feb 1992 Punjab polls), short of a majority at formation; later acquired a working majority through by-elections and defections. Share 1.0. |
Outside support (not in government): JD, Reported outside/issue-based support; JMM, Reported outside/issue-based support
The 1992 amendments gave constitutional status to panchayats and urban local bodies, with five-year terms, state election commissions, finance commissions and one-third reservation for women.
Evidence points +13.5 (range +13.0 to +14.0)
The SEBI Act, 1992 gave the Securities and Exchange Board of India, set up non-statutorily in 1988, statutory powers to regulate securities markets, replacing the Controller of Capital Issues.
Evidence points +12.5 (range +12.0 to +13.0)
The Act freezes the religious character of places of worship as on 15 August 1947 and bars suits to change it, excepting Ayodhya. Its validity is before the Supreme Court, which paused new suits in December 2024.
Evidence points +1.5 (range +1.0 to +2.0)
In July 1991, during a balance-of-payments crisis, the government ended most industrial licensing, cut the public-sector reserved list and eased foreign investment rules, part of a wider reform package.
Evidence points +15.5 (range +15.0 to +16.0)