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India Growth

aadhyamathur
Posts: 6
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12/31/2013 5:40:05 AM
Posted: 2 years ago
Why India is lacking behind in the area of growth and development?
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16kadams
Posts: 10,497
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12/31/2013 12:49:06 PM
Posted: 2 years ago
Well in the 50s India experienced a large amount of growth. However by the 80s growth slowed, at least in part due to the bureaucracy and goverment regulations. However the overall poverty rates are falling.
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"A trend is a trend, but the question is, will it bend? Will it alter its course through some unforeseen force and come to a premature end?" -- Alec Cairncross
Cermank
Posts: 3,773
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1/3/2014 7:26:03 AM
Posted: 2 years ago
At 12/31/2013 5:40:05 AM, aadhyamathur wrote:
Why India is lacking behind in the area of growth and development?

Because most of its policies are reactive rather than proactive. There's a lack of foresight. Plus, Nehru was dumb.