P. V. Narasimha Rao took over as the ninth Prime Minister of India on June 21, 1991. Rao, a reluctant prime minister, presided over a period that witnessed the most defining events in modern history, both within India and across the world. He charted an unprecedented course for the Indian economy, bringing the country back from the edge of bankruptcy to a period of sustained economic growth that continues even today. The Soviet flag was lowered forever on Christmas day of 1991, bringing the Cold War to an anti-climactic end.