The period betwwen 1966 to 1980 in industril development of india is known as
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low growth phase or phase of industrial declaration in India
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Second Phase between 1966 to 1980 is called Low Growth Phase or phase of Industrial Deceleration in India or “Industrial retrogression” during fourth and fifth plan. During this phase, the average Industrial growth rate remained 4.1%. However, the capital goods industries registered a high growth during this period.
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