- The term "Hindu rate of growth" describes the modest annual economic growth rate observed in India from the 1950s to the 1980s. - This period covers a significant part of the first five decades of planned development in India. - Growth during this period was not consistently high, and per capita income growth was even slower due to population increase.
First five decades of planning observed,
Asked in WBCS Main Paper 5 2021 · Topic: National Income & Gross Domestic Product (Factors Determining National Income and Economic Growth)
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Answer: A. Hindu rate of growth of GDP
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