Planning in India

Indian Economy (CDS)

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Indian Economy - Understanding the basics of Indian economic system

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The Hindu rate of growth refers to the growth rate of:

Per Capita Income

GDP

Literacy Rate

None of the above

Explanation:

The Hindu rate of growth is a term referring to the low annual growth rate of the planned economy of India before the liberalisations of 1991, which stagnated around 3.5% from 1950s to 1980s, while per capita income growth averaged 1.3%.

By: Abhipedia

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