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.
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.
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