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In the first thirty years, the average GDP growth hovered around 3%, and with the population growth rate at over 2%, making annual per capita income rise only marginally. No doubt rapid strides were made in building up centers of educational excellence, creating a strong industrial base and achieving self-sufficiency in food grains, but these were no substitute for enhancing the economic well-being of the average Indian. The process of economic liberalization in the 1980s enhanced the growth rate to over 5%, but it was only in the 1990s that the growth rate of around 6.5% for a decade was achieved...
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