SSC Grad. 2005)
Who coined the term 'Hindu rate of growth' for Indian
Economy?
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Answer:
Prof Raj Krishna
You may still be wondering why call it “Hindu” rate of growth? The term was coined by Prof Raj Krishna who argued at one of his lectures in the late 70s that “.. no matter what happens to the economy the trend growth rate in India will be 3.5%”.
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