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See also: 1990 in India, other events of 1991, 1992 in India and the Timeline of Indian history.

Events

• 21 May - Former Prime Minister Rajiv Gandhi is assassinated by a Tamil suicide bomber in southern India during the election campaign.
• 31 May - The Government of India constitutes the Company Law Board as an independent quasi-judicial body thus giving up direct control on matters of company law.
• 15 June - When the general election results are all compiled, the Congress Party has won a plurality of votes.
• 21 June - Indian National Congress leader P.V. Narasimha Rao becomes Prime Minister.
• 24 June - J. Jayalalithaa is sworn in as chief minister of Tamil Nadu for the first time.
• 24 July - The government of India announces its New Industrial Policy, marking the start of India's economic reforms.
• 11 December - Rapid Action Force established by Union Home Ministry.

Births

Deaths

• 15 May - Kalindi Charan Panigrahi, poet, novelist, story writer, dramatist and essayist (b.1901).
• 24 October - Ismat Chughtai, writer (b.1915).

Full date unknown

• Gorur Ramaswamy Iyengar, writer (b.1904).