Rangarajan: India's annual GDP growth averaged 0.89% from 1900 to 1950
Dr. C. Rangarajan · Dr. C Rangarajan on Dr. Manmohan’s Legacy, 1991 Reforms & Future Economic Plans I The Neon Show · Feb 9, 2024 · at 36:26
Former Reserve Bank of India Governor Dr. C. Rangarajan reviews British economic performance in India during the first half of the 20th century.
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“Between 1919 50, the average annual growth rate of India was 0.89%. That is less than one percent. And at that time, population was growing at 0.84%. Therefore, per capita income almost remained stagnant over the five decades.”
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More from Dr. C. Rangarajan
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