In the general election of 1991, Congress—under the leadership of P. V. Narasimha Rao—formed a minority government; Rao became the first PM of South Indian origin. After the dissolution of the Soviet Union, India was on the brink of bankruptcy, so, Rao took steps to liberalise the economy, and appointed Manmohan Singh—an economist and a former governor of the Reserve Bank of India—as finance minister. Rao and Singh then took various steps to liberalise the economy, these resulted in an unprecedented economic growth in India. His premiership, however, was also a witness to the demolition of the Babri Masjid, which resulted in the death of about 2,000 people. Rao, however, did complete five continuous years in office, becoming the first prime minister outside of the Nehru—Gandhi family to do so.