3. Hindu Growth Rate
The “Hindu” rate of growth was a term
used disparagingly to indicate the low
growth rate of the Indian economy for
more than 3 decades, between the 50s
to the 80s.
4. According To Vikas Mishra
growth rate started growing in 1980. It
is said that the word ‘Hindu’ in the
stated term was used by Vikas Mishra,
an economist. He wanted to indicate
that the Hindu view of contentedness
and passivity should be held
accountable for the slow economic
growth of the country.