Raj Krishna
Encyclopedia
Raj Krishna was an India
n economist
who taught at the Delhi School of Economics
. He is most famous for the phrase "Hindu rate of growth
" which he coined for India's low rate of GDP growth between the 50s and 80s.
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...
n economist
Economist
An economist is a professional in the social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy...
who taught at the Delhi School of Economics
Delhi School of Economics
Delhi School of Economics , commonly referred to as DSE or D School, is a centre of post graduate learning of the University of Delhi. The centre is situated in the university's North Campus in Maurice Nagar, and is surrounded by a host of other prestigious academic institutions of the country...
. He is most famous for the phrase "Hindu rate of growth
Hindu rate of growth
The Hindu rate of growth is a controversial and derogatory expression used to refer to the low annual growth rate of the socialist economy of India before 1991, which stagnated around 3.5% from 1950s to 1980s, while per capita income growth averaged 1.3%....
" which he coined for India's low rate of GDP growth between the 50s and 80s.
Further reading
- Montek Singh Ahluwalia, First Raj Krishna Memorial Lecture, 1995 : Economic Reforms for the Nineties, Planning Commission, Government of India accessed at http://planningcommission.nic.in/aboutus/speech/spemsa/msa033.doc Nov 13, 2006