kernals12
Banned
India's post independence economy was significantly constrained by the layers of bureaucracy and red tape imposed on business, a system known as "license raj". India's resulting poor economic performance through the 1980s led to the term "Hindu Rate of Growth" compared to the rapid growth in South Korea, Japan and Taiwan. If India had managed to achieve double digit growth rates starting after independence, there would be some interesting impacts. They probably would've overtaken the Soviet Union in GDP by the 1960s and the United States by the 1970s. With China still stuck in the dirt, India would probably have become the world's undisputed superpower by 1980 and still hold that title today. It just goes to show how much Indians got screwed over by their leaders for decades.