Given a reference text about Former Indian Prime Minister Shri P.V Narasimha Rao, tell me when they were born, when they were Prime Minister and their most significant accomplishments in office

Context: Pamulaparthi Venkata Narasimha Rao, popularly known as P. V. Narasimha Rao, was an Indian lawyer, statesman and politician who served as the 9th prime minister of India from 1991 to 1996. He is known for introducing various liberal reforms to India's economy. His ascendancy to the prime ministership was politically significant because he was the second holder of this office from a non-Hindi-speaking region and the first from South India. He led an important administration, overseeing a major economic transformation and several home incidents affecting national security of India. Rao, who held the Industries portfolio, was personally responsible for the dismantling of the Licence Raj, as this came under the purview of the Ministry of Commerce and Industry, reversing the economic policies of Rajiv Gandhi's government

Answer: Shir P.V. Narsimha Rao was born 28 June 1921 and was the 9th Prime Minister of India from 1991 to 1996. His most significant accomplishment was the major shift of the Indian Economy from one governed by fiscally conservative socialistic and protectionist policies ("License Raj") to a more liberal free market enterprise with lesser regulations and protectionism.

On the demographic front, Rao's ascendancy is significant because he was the first Prime Minister from South India and the second from non-Hindi speaking region.