‘Entire community was blamed and defamed for wrong economic policies of Royal family’: PM Modi
Op IndiaSpeaking in the Rajya Sabha during the Motion of Thanks on the President’s address, Prime Minister Modi launched a scathing attack on the economic policies of the previous Congress governments on Thursday. To justify the crawling economic growth of the country during the 1950s and 1980s which was a result of the poor economic policies of the government, the term ‘Hindu rate of growth’ was coined by Marxist economist Raj Krishna blaming the Hindu community for the poor economic growth rate. PM Modi implied that by coining the term ‘Hindu rate of growth’ for India’s slow GDP growth, the Congress maligned the name of the entire Hindu community. He stated that while the slow growth rate was the result of mismanagement of the ruling by the Nehru-Gandhi family, the entire Hindu community was held responsible and maligned in the entire world. The PM said that the slow growth of the Indian economy after independence was the result of the licence-permit raj during Congress governments, but the Congress party blamed an entire community by naming the slow growth rate after Hindus.
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