India's growth trajectory halted under hybrid socialist policies during the 1970s says Nirmala Sitharaman

In Loksabha, Finance Minister Nirmala Sitharaman spoke about India's growth trajectory during the Congress rule post-independence. She said that India had adopted socialist policies that created hurdles for entrepreneurs and affected their capacity. These policies created bottlenecks like red-tapism and bureaucratic obstacles which slowed down our growth and development. Take a look