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CIHS – Centre for Integrated and Holistic Studies > China > Reject Hindu label to slow growth

Reject Hindu label to slow growth

Hinduphobia, colonial enslavement led certain intellectuals, socialists to frame Hinduness for tardy progress. Real culprits are socialists and their handlers!

K.A.Badarinath

It’s a colonial era slur. None has the right to deride about two billion Hindus living in 100 countries on some pretext or the other. Debunking Hindutva as being somehow responsible for Bharat’s tardy progress or sub-optimal GDP growth of 3.5 per cent in 1950s and 1980s era reeks of hatred.

At last week’s Hindustan Times annual leadership summit, Prime Minister Narendra Modi rightly pointed to colonial mind-set for framing Hindu faith with tardy economic growth.

Big question is why does one attribute slow economic progress and development to Hindutva? Why do some scholars make derogatory remarks and prejudiced framework to point fingers at Hindu people?

Why do self-proclaimed intellectuals and economists ignore Bharat’s seven to eight per cent growth in last two decades was precisely due to these very Hindus?

Colonial overhang and socialist underpinning of some intellectuals may have led to bracket low growth with Hindutva. As per The Oxford Companion to Economics in India, economist Raj Krishna made an attempt in 1982 to link the then 3.5 per cent economic growth to an inherent cultural phenomenon. Raj Krishna, a faculty member with Delhi School of Economics, blamed Hindus for not thinking big, staying reticent sans ambition etc.

Well, Raj Krishna or his disciples’ arguments are not tenable. He may have grossly erred on intent and by design. Economic progress and development models hitherto adopted during Smt Indira Gandhi or Pandit Jawahar Lal Nehru were largely socialist in orientation and governance. Till, economic reforms were unveiled in 1991, state controls were overbearing and stifled growth.

In pre-liberation era, strangulating free enterprise, spirit of Bharat’s businesses and individuals was the norm. Even the governance model was socialist in nature with most power concentrated in Prime Minister like the communist oligarchy.

Most annoying was accusing Hindus of strangulating socio-economic development in Bharat and slowing down fight against poverty. It’s rather well documented that economist Raghuram Rajan had revived the debate on linking Hindutva to slow growth rates in 2023.

In last quarter ending September 2025, Bharat’s economy reported an expansion of 8.2 per cent with about 65 crore people going to work.

Similarly, Bharat was the top major economy to report growth of 7.3 per cent globally, highest amongst G-20 nations with China and Indonesia at second and third position with 5.3 per cent and 5.1 per cent respectively in 2024-25. Countries like Italy and Canada reported contractions in their economies during some quarters. Germany reportedly was at bottom of the pyramid with a feeble 0.2 per cent growth.

Stellar economic performance by Bharat was not given a cultural, civilizational or Dharmic label? If it’s not Hinduphobic mind-set, why did self-proclaimed intellectuals bring in Hindu angle to lack of or slow economic progress? Consequence of this Hinduphobic mind-set was that ‘Hindu rate of growth’ gained credence internationally amongst academics and audience thereby driving wrong notion and reinforcing that Bharat and Hindus was incapable of development.

Attaching a civilizational label or wrongly portraying Hindus as lethargic or not being innovative may be rejected lock stock barrel. In fact, socialist policies adopted in first four decades put Bharat’s economy on a slumber.

Unleashing the potential in a free, flexible and predictable policy paradigm would allow Bharat to realize its potential and emerge the ace. Getting out of colonial mind-set and rejecting out-dated socialist doctrines is pre-requisite to further hastening growth the Bharatiya way.

(author is Director & Chief Executive at New Delhi based non-partisan think tank, Centre for Integrated and Holistic Studies)

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