Pervez Musharraf experienced lower economic growth compared to India. Criticism Noted neoliberal politician and journalist Arun Shourie claimed that the "Hindu rate of growth" was a result of socialist policies implemented by governments: According to neoliberal economist Sanjeev Sanyal, the term was an attempt to suggest that "it was not Nehruvian economic policies that had failed India, it was India’s cultural moorings that had failed Nehru." He linked it with what he considered to be the ideological domination of the left, backed by the socialist regime, in post-Independence India. The term is also seen by some as oversimplifying the complex economic, political, and social factors that contribute to a country's rate of growth. Economic growth is influenced by a wide range of factors such as education, infrastructure, political stability, and access to capital, among others. See also Economic history of India Economic liberalisation in India Licence Raj Poverty in India The World Economy: Historical Statistics References External links The power of ideas, The Hindu Business Line, June 10, 2004 Hindu rate of growth – An explanation by Meghnad Desai The World Economy: A Millennial Perspective Economic history of India (1947–present) Economic growth