Debates on Slow Growth in the Pre-Reform Era | History & Key Economic Insights | Drishti IAS

Video Description

GS Studio Foundation Course में एडमिशन लेने के लिए या अधिक जानकारी के लिए लिंक पर क्लिक करें –https://drishti.xyz/GS-Studio-Foundation-Course ************************************************************************* In this video, we examine the recent discussion on the ‘Hindu Rate of Growth’ sparked by Prime Minister ’s remarks. The term, originally coined by economist Raj Krishna in the early 1980s, was used to describe India’s slow and steady GDP growth rate of around 3–3.5% during the pre-liberalisation era. We explain what the term actually means, why it was coined, and how it became part of India’s economic vocabulary. The session explores the historical background of India’s growth trajectory — from the colonial period with sub-1% growth, to the Nehruvian era where GDP growth rose significantly, and finally the structural reforms of the 1980s and 1991 that pushed growth beyond the so-called ‘Hindu rate.’ We also discuss why many economists argue that the term is misleading, how demographic trends affect per capita income, and why India had already surpassed this growth benchmark even before the 1991 reforms. The Reserve Bank of India’s Monetary Policy Committee (MPC) has announced a 25 basis points cut in the repo rate, bringing it down to 5.25%. In this video, we break down the key announcements, the rationale behind the decision, and its implications for the Indian economy. You will understand what the repo rate is, how it influences inflation, and how the current economic indicators reflect a rare “goldilocks” phase with low inflation and strong growth. This analysis is crucial for UPSC, State PCS, RBI Grade-B, and all competitive exams. The video also includes important points and practice questions based on the latest economic developments ************************************************************************* 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐃𝐫𝐢𝐬𝐡𝐭𝐢 𝐋𝐞𝐚𝐫𝐧𝐢𝐧𝐠 𝐀𝐩𝐩 𝐧𝐨𝐰 : IOS: https://drishti.xyz/DLA-IOS Android : https://drishti.xyz/DLA-Android Windows : https://drishti.xyz/DLA-Windows =̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵ 𝐅𝐨𝐥𝐥𝐨𝐰 𝐮𝐬 𝐨𝐧 𝐬𝐨𝐜𝐢𝐚𝐥 𝐦𝐞𝐝𝐢𝐚 : https://drishti.xyz/SocialMedia-YT =̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵ 👉 𝐎𝐮𝐫 𝐑𝐞𝐠𝐮𝐥𝐚𝐫 𝐘𝐨𝐮𝐓𝐮𝐛𝐞 𝐏𝐫𝐨𝐠𝐫𝐚𝐦𝐬' 𝐏𝐥𝐚𝐲𝐥𝐢𝐬𝐭𝐬: 1. Videos by Dr. Vikas Divyakriti: https://drishti.xyz/Videos-DrVikasDivyakirti-Playlist-YT 2. Concept Talk- By Dr. Vikas Divyakirti: https://drishti.xyz/Concepttalk-DrVikasDivyakirti-Playlist-YT 3. Current News Bulletin: https://drishti.xyz/CNB-Hindi-YT 4. News On Map : https://drishti.xyz/News-on-map-Playlist-YT =̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵ 👉 डेली न्यूज़ और एडिटोरियल: https://drishti.xyz/Daily-news-analysis-hindi-website 👉 डेली करेंट अफेयर्स टेस्ट: https://drishti.xyz/current-affairs-quiz-website 👉 प्रैक्टिस टेस्ट: https://drishti.xyz/hindi-quiz-website 👉 लोकसभा और राज्यसभा टीवी डिबेट: https://drishti.xyz/loksabha-rajyasabha-website 👉 डेली मेंस आंसर राइटिंग प्रैक्टिस: https://drishti.xyz/mains-practice-question-website #IndianEconomy #EconomicHistory #GDPGrowth #UPSC #CurrentAffairs #UPSCPreparation | #CivilServicesExam | #IASPreparation | #UPSC2026 | #UPSC | #UPSCMotivation | #CurrentAffairs | #upscmains2025 #drishtionlinecourse