Sunday, 18 March 2018

Lalu Prasad Yadav- Ruin of Bihar Economy

In 1980s, Bihar failed to grow fast enough to keep up with the rest of the country. Bihar’s recorded a growth rate of 2.3%, while India’s averaged 3.2% during 1980s. Then Lalu Yadav came to power in 1990 which coincided with the onset of the Economic liberalization. Bihar continued to decline, bottoming out at 32% in 2005. Since then, there has been a recovery, the recovery was coincided with onset of Chief Ministership of Nitish Kumar supported by BJP.

Bihar’s NDP per capita relative to India’s                                                                            

Wednesday, 14 March 2018

Economic Ruin of India by Nehru-Gandhi Dynasty

Average Annual Percentage Rates of Growth in Per Capita Income (1950-80)



Indian grew the lowest among all major Asian economies consistently for 30 years. Yes, we had wars, droughts and economic paralysis thanks to British rule. Then, same can be said about Japan, Korea and China who went through worst of World War 2, Korean War, or Nuclear holocaust in case of Japan. That's two generations wasted due to faulty economic policies.