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Nepal’s Manufacturing Sector Struggles Amid Rising Imports, High Production Costs, and Weak Policy Support
Top

3 min read

Nepal’s Manufacturing Sector Struggles Amid Rising Imports, High Production Costs, and Weak Policy Support

Nepal’s Manufacturing Sector Struggles Amid Rising Imports, High Production Costs, and Weak Policy Support As thousands of young Nepalis continue to leave the country in search of better opportunities abroad, industrial leaders warn that Nepal’s failure to strengthen its manufacturing base has created a dangerous economic imbalance. While the country has experienced multiple political transformations over the decades, the industrial structure has weakened sharply, leading to growing dependence on imports and shrinking domestic production.

Dipesh Ghimire

·

11 Dec, 2025

Nepal’s Economy at a Crossroads: Political Instability, Weak Investment Climate and Governance Failures Deepen Growth Concerns
Top

3 min read

Nepal’s Economy at a Crossroads: Political Instability, Weak Investment Climate and Governance Failures Deepen Growth Concerns

Nepal’s Economy at a Crossroads: Political Instability, Weak Investment Climate and Governance Failures Deepen Growth Concerns Nepal’s economy is once again confronting a period of heightened uncertainty, with private-sector confidence weakening and macroeconomic indicators pointing toward sluggish growth. Economists warn that despite repeated political changes over the past seven decades, the country’s fundamental economic challenges remain largely unaddressed.

Dipesh Ghimire

·

11 Dec, 2025

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Nepal’s Manufacturing Sector Struggles Amid Rising Imports, High Production Costs, and Weak Policy Support
Top

3 min read

Nepal’s Manufacturing Sector Struggles Amid Rising Imports, High Production Costs, and Weak Policy Support

Nepal’s Manufacturing Sector Struggles Amid Rising Imports, High Production Costs, and Weak Policy Support As thousands of young Nepalis continue to leave the country in search of better opportunities abroad, industrial leaders warn that Nepal’s failure to strengthen its manufacturing base has created a dangerous economic imbalance. While the country has experienced multiple political transformations over the decades, the industrial structure has weakened sharply, leading to growing dependence on imports and shrinking domestic production.

Dipesh Ghimire

·

11 Dec, 2025

Nepal’s Economy at a Crossroads: Political Instability, Weak Investment Climate and Governance Failures Deepen Growth Concerns
Top

3 min read

Nepal’s Economy at a Crossroads: Political Instability, Weak Investment Climate and Governance Failures Deepen Growth Concerns

Nepal’s Economy at a Crossroads: Political Instability, Weak Investment Climate and Governance Failures Deepen Growth Concerns Nepal’s economy is once again confronting a period of heightened uncertainty, with private-sector confidence weakening and macroeconomic indicators pointing toward sluggish growth. Economists warn that despite repeated political changes over the past seven decades, the country’s fundamental economic challenges remain largely unaddressed.

Dipesh Ghimire

·

11 Dec, 2025

Nepal’s Hydropower Expansion Faces Policy, Regulatory, and Land Bottlenecks: Officials Call for Urgent Reforms
Nepal’s Hydropower

2 min read

Nepal’s Hydropower Expansion Faces Policy, Regulatory, and Land Bottlenecks: Officials Call for Urgent Reforms

Nepal’s Hydropower Expansion Faces Policy, Regulatory, and Land Bottlenecks: Officials Call for Urgent Reforms Nepal’s ambition to accelerate hydropower investment continues to face significant policy and regulatory hurdles, despite rising domestic and regional demand for clean energy. Government officials and energy sector leaders warn that unless these structural constraints are resolved, Nepal risks slowing down a sector that has the potential to transform the national economy.

Dipesh Ghimire

·

11 Dec, 2025

Commercial Banks’ Profit Drops to Rs. 19.37 Billion in Four Months, Gen-Z Unrest Cited as Key Pressure
Top

2 min read

Commercial Banks’ Profit Drops to Rs. 19.37 Billion in Four Months, Gen-Z Unrest Cited as Key Pressure

Commercial Banks’ Profit Drops to Rs. 19.37 Billion in Four Months, Gen-Z Unrest Cited as Key Pressure Commercial banks in Nepal earned a combined net profit of Rs. 19.37 billion in the first four months of the current fiscal year, significantly lower than the profit posted during the same period last year. According to Nepal Rastra Bank (NRB), the decline is closely linked to the economic slowdown triggered by the Gen-Z movement in the second month of the fiscal year, which weakened loan demand and disrupted banking transactions.

Dipesh Ghimire

·

11 Dec, 2025

South Korea’s Employment Rises Amid Shifting Demographics and Aging Workforce Participation
Top

1 min read

South Korea’s Employment Rises Amid Shifting Demographics and Aging Workforce Participation

South Korea’s Employment Rises Amid Shifting Demographics and Aging Workforce Participation South Korea is witnessing a steady rise in employment, a trend experts link to the country’s shifting demographic structure and expanding opportunities for older adults in the labor market. Analysts say the pattern reflects both economic stability and a growing tendency among senior citizens to remain active in the workforce. According to official data, employment among individuals aged 15 and above increased by 0.8 percent year-on-year, reaching 29.046 million. Notably, people aged 60 and above accounted for the bulk of this growth, adding 333,000 new jobs. In contrast, employment declined among younger workers—falling by 177,000 in the 15–29 age bracket—and also slightly among individuals in their 40s.

Dipesh Ghimire

·

11 Dec, 2025

Global Trade Set to Exceed USD 35 Trillion in 2025, UN Report Signals Strong Momentum
Popular News

1 min read

Global Trade Set to Exceed USD 35 Trillion in 2025, UN Report Signals Strong Momentum

Global Trade Set to Exceed USD 35 Trillion in 2025, UN Report Signals Strong Momentum Global trade is poised to cross the USD 35 trillion mark for the first time in 2025, according to a new assessment released by the United Nations Conference on Trade and Development (UNCTAD). The projection comes at a time when the global economy is wrestling with geopolitical friction, rising operational costs, and uneven demand across major markets. UNCTAD’s analysis suggests that despite these headwinds, global commerce has continued to expand at a steady pace. The report estimates an annual trade growth rate of around seven percent for 2025—not driven by inflation but by an actual rise in traded volumes. Analysts say this indicates that global consumption has remained resilient even as major economies confront slower growth cycles.

Dipesh Ghimire

·

11 Dec, 2025

Government Sets Up Irrigation Management Company to Operate Nepal’s First Large-Scale Mechanical Irrigation Program
Top

3 min read

Government Sets Up Irrigation Management Company to Operate Nepal’s First Large-Scale Mechanical Irrigation Program

Government Sets Up Irrigation Management Company to Operate Nepal’s First Large-Scale Mechanical Irrigation Program In a major institutional reform aimed at modernizing Nepal’s agricultural infrastructure, the government has approved the establishment of Irrigation Management Company Limited, a new entity tasked with operating the country’s latest mechanical irrigation system. The Cabinet meeting held on Monday endorsed the proposal submitted by the Ministry of Energy, Water Resources and Irrigation, marking a significant step toward commercializing and expanding scientific irrigation in Nepal’s farmlands.

Dipesh Ghimire

·

10 Dec, 2025

Global Aviation Rebounds Strongly as Passenger Numbers and Airline Revenues Set New Records
Global Aviation

2 min read

Global Aviation Rebounds Strongly as Passenger Numbers and Airline Revenues Set New Records

Global Aviation Rebounds Strongly as Passenger Numbers and Airline Revenues Set New Records The global aviation industry is once again demonstrating remarkable resilience, with fresh projections indicating that passenger traffic and airline revenues will surpass all previous records by 2026. Despite contending with geopolitical instability, supply chain disruptions, and regulatory tightening across multiple regions, analysts say the sector’s post-pandemic recovery is now firmly underway.

Dipesh Ghimire

·

10 Dec, 2025

NRB’s Bold Rescue of Karnali Development Bank: Depositors to Take Ownership as Historic Reform Model Unfolds
Top

3 min read

NRB’s Bold Rescue of Karnali Development Bank: Depositors to Take Ownership as Historic Reform Model Unfolds

NRB’s Bold Rescue of Karnali Development Bank: Depositors to Take Ownership as Historic Reform Model Unfolds In a decisive intervention aimed at preventing one of Nepal’s longstanding regional development banks from collapsing, Nepal Rastra Bank (NRB) has initiated a sweeping restructuring plan for Karnali Development Bank. The move, unprecedented in the country’s financial history, comes after the bank reached a state where returning depositors’ savings was no longer possible, raising the specter of a full-scale institutional failure and public panic.

Dipesh Ghimire

·

10 Dec, 2025

Modi Rekindles Debate on "Hindu Rate of Growth" as India Revisits a Controversial Economic Phrase
Hindu Rate of Growth

4 min read

Modi Rekindles Debate on "Hindu Rate of Growth" as India Revisits a Controversial Economic Phrase

Modi Rekindles Debate on "Hindu Rate of Growth" as India Revisits a Controversial Economic Phrase A remark by Indian Prime Minister Narendra Modi at the Hindustan Times Leadership Summit has reopened a decades-old economic and ideological debate surrounding the term “Hindu Rate of Growth”—a phrase originally coined to describe India’s sluggish economic performance in the mid-20th century. Speaking at the event, Modi argued that linking a low economic growth rate to the cultural identity of the Hindu majority reflected “a colonial mindset,” one that unfairly associated India’s slow development with its religious traditions rather than with structural policy barriers or historical circumstances. “Our entire civilization was tagged with unproductivity and poverty through this terminology,” he said, adding that the phrase was never questioned for its communal implication.

Dipesh Ghimire

·

10 Dec, 2025

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Nepal’s Manufacturing Sector Struggles Amid Rising Imports, High Production Costs, and Weak Policy Support
Top

3 min read

Nepal’s Manufacturing Sector Struggles Amid Rising Imports, High Production Costs, and Weak Policy Support

Nepal’s Manufacturing Sector Struggles Amid Rising Imports, High Production Costs, and Weak Policy Support As thousands of young Nepalis continue to leave the country in search of better opportunities abroad, industrial leaders warn that Nepal’s failure to strengthen its manufacturing base has created a dangerous economic imbalance. While the country has experienced multiple political transformations over the decades, the industrial structure has weakened sharply, leading to growing dependence on imports and shrinking domestic production.

Dipesh Ghimire

·

11 Dec, 2025

Nepal’s Economy at a Crossroads: Political Instability, Weak Investment Climate and Governance Failures Deepen Growth Concerns
Top

3 min read

Nepal’s Economy at a Crossroads: Political Instability, Weak Investment Climate and Governance Failures Deepen Growth Concerns

Nepal’s Economy at a Crossroads: Political Instability, Weak Investment Climate and Governance Failures Deepen Growth Concerns Nepal’s economy is once again confronting a period of heightened uncertainty, with private-sector confidence weakening and macroeconomic indicators pointing toward sluggish growth. Economists warn that despite repeated political changes over the past seven decades, the country’s fundamental economic challenges remain largely unaddressed.

Dipesh Ghimire

·

11 Dec, 2025

Nepal’s Hydropower Expansion Faces Policy, Regulatory, and Land Bottlenecks: Officials Call for Urgent Reforms
Nepal’s Hydropower

2 min read

Nepal’s Hydropower Expansion Faces Policy, Regulatory, and Land Bottlenecks: Officials Call for Urgent Reforms

Nepal’s Hydropower Expansion Faces Policy, Regulatory, and Land Bottlenecks: Officials Call for Urgent Reforms Nepal’s ambition to accelerate hydropower investment continues to face significant policy and regulatory hurdles, despite rising domestic and regional demand for clean energy. Government officials and energy sector leaders warn that unless these structural constraints are resolved, Nepal risks slowing down a sector that has the potential to transform the national economy.

Dipesh Ghimire

·

11 Dec, 2025

Commercial Banks’ Profit Drops to Rs. 19.37 Billion in Four Months, Gen-Z Unrest Cited as Key Pressure
Top

2 min read

Commercial Banks’ Profit Drops to Rs. 19.37 Billion in Four Months, Gen-Z Unrest Cited as Key Pressure

Commercial Banks’ Profit Drops to Rs. 19.37 Billion in Four Months, Gen-Z Unrest Cited as Key Pressure Commercial banks in Nepal earned a combined net profit of Rs. 19.37 billion in the first four months of the current fiscal year, significantly lower than the profit posted during the same period last year. According to Nepal Rastra Bank (NRB), the decline is closely linked to the economic slowdown triggered by the Gen-Z movement in the second month of the fiscal year, which weakened loan demand and disrupted banking transactions.

Dipesh Ghimire

·

11 Dec, 2025

South Korea’s Employment Rises Amid Shifting Demographics and Aging Workforce Participation
Top

1 min read

South Korea’s Employment Rises Amid Shifting Demographics and Aging Workforce Participation

South Korea’s Employment Rises Amid Shifting Demographics and Aging Workforce Participation South Korea is witnessing a steady rise in employment, a trend experts link to the country’s shifting demographic structure and expanding opportunities for older adults in the labor market. Analysts say the pattern reflects both economic stability and a growing tendency among senior citizens to remain active in the workforce. According to official data, employment among individuals aged 15 and above increased by 0.8 percent year-on-year, reaching 29.046 million. Notably, people aged 60 and above accounted for the bulk of this growth, adding 333,000 new jobs. In contrast, employment declined among younger workers—falling by 177,000 in the 15–29 age bracket—and also slightly among individuals in their 40s.

Dipesh Ghimire

·

11 Dec, 2025

Global Trade Set to Exceed USD 35 Trillion in 2025, UN Report Signals Strong Momentum
Popular News

1 min read

Global Trade Set to Exceed USD 35 Trillion in 2025, UN Report Signals Strong Momentum

Global Trade Set to Exceed USD 35 Trillion in 2025, UN Report Signals Strong Momentum Global trade is poised to cross the USD 35 trillion mark for the first time in 2025, according to a new assessment released by the United Nations Conference on Trade and Development (UNCTAD). The projection comes at a time when the global economy is wrestling with geopolitical friction, rising operational costs, and uneven demand across major markets. UNCTAD’s analysis suggests that despite these headwinds, global commerce has continued to expand at a steady pace. The report estimates an annual trade growth rate of around seven percent for 2025—not driven by inflation but by an actual rise in traded volumes. Analysts say this indicates that global consumption has remained resilient even as major economies confront slower growth cycles.

Dipesh Ghimire

·

11 Dec, 2025

Government Sets Up Irrigation Management Company to Operate Nepal’s First Large-Scale Mechanical Irrigation Program
Top

3 min read

Government Sets Up Irrigation Management Company to Operate Nepal’s First Large-Scale Mechanical Irrigation Program

Government Sets Up Irrigation Management Company to Operate Nepal’s First Large-Scale Mechanical Irrigation Program In a major institutional reform aimed at modernizing Nepal’s agricultural infrastructure, the government has approved the establishment of Irrigation Management Company Limited, a new entity tasked with operating the country’s latest mechanical irrigation system. The Cabinet meeting held on Monday endorsed the proposal submitted by the Ministry of Energy, Water Resources and Irrigation, marking a significant step toward commercializing and expanding scientific irrigation in Nepal’s farmlands.

Dipesh Ghimire

·

10 Dec, 2025

Global Aviation Rebounds Strongly as Passenger Numbers and Airline Revenues Set New Records
Global Aviation

2 min read

Global Aviation Rebounds Strongly as Passenger Numbers and Airline Revenues Set New Records

Global Aviation Rebounds Strongly as Passenger Numbers and Airline Revenues Set New Records The global aviation industry is once again demonstrating remarkable resilience, with fresh projections indicating that passenger traffic and airline revenues will surpass all previous records by 2026. Despite contending with geopolitical instability, supply chain disruptions, and regulatory tightening across multiple regions, analysts say the sector’s post-pandemic recovery is now firmly underway.

Dipesh Ghimire

·

10 Dec, 2025

NRB’s Bold Rescue of Karnali Development Bank: Depositors to Take Ownership as Historic Reform Model Unfolds
Top

3 min read

NRB’s Bold Rescue of Karnali Development Bank: Depositors to Take Ownership as Historic Reform Model Unfolds

NRB’s Bold Rescue of Karnali Development Bank: Depositors to Take Ownership as Historic Reform Model Unfolds In a decisive intervention aimed at preventing one of Nepal’s longstanding regional development banks from collapsing, Nepal Rastra Bank (NRB) has initiated a sweeping restructuring plan for Karnali Development Bank. The move, unprecedented in the country’s financial history, comes after the bank reached a state where returning depositors’ savings was no longer possible, raising the specter of a full-scale institutional failure and public panic.

Dipesh Ghimire

·

10 Dec, 2025

Modi Rekindles Debate on "Hindu Rate of Growth" as India Revisits a Controversial Economic Phrase
Hindu Rate of Growth

4 min read

Modi Rekindles Debate on "Hindu Rate of Growth" as India Revisits a Controversial Economic Phrase

Modi Rekindles Debate on "Hindu Rate of Growth" as India Revisits a Controversial Economic Phrase A remark by Indian Prime Minister Narendra Modi at the Hindustan Times Leadership Summit has reopened a decades-old economic and ideological debate surrounding the term “Hindu Rate of Growth”—a phrase originally coined to describe India’s sluggish economic performance in the mid-20th century. Speaking at the event, Modi argued that linking a low economic growth rate to the cultural identity of the Hindu majority reflected “a colonial mindset,” one that unfairly associated India’s slow development with its religious traditions rather than with structural policy barriers or historical circumstances. “Our entire civilization was tagged with unproductivity and poverty through this terminology,” he said, adding that the phrase was never questioned for its communal implication.

Dipesh Ghimire

·

10 Dec, 2025

More Blogs

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Nepal’s Manufacturing Sector Struggles Amid Rising Imports, High Production Costs, and Weak Policy Support

Dipesh Ghimire

·

11 Dec, 2025

Nepal’s Manufacturing Sector Struggles Amid Rising Imports, High Production Costs, and Weak Policy Support

Nepal’s Manufacturing Sector Struggles Amid Rising Imports, High Production Costs, and Weak Policy Support As thousands of young Nepalis continue to leave the country in search of better opportunities abroad, industrial leaders warn that Nepal’s failure to strengthen its manufacturing base has created a dangerous economic imbalance. While the country has experienced multiple political transformations over the decades, the industrial structure has weakened sharply, leading to growing dependence on imports and shrinking domestic production.

Top

3 min read

Nepal’s Economy at a Crossroads: Political Instability, Weak Investment Climate and Governance Failures Deepen Growth Concerns

Dipesh Ghimire

·

11 Dec, 2025

Nepal’s Economy at a Crossroads: Political Instability, Weak Investment Climate and Governance Failures Deepen Growth Concerns

Nepal’s Economy at a Crossroads: Political Instability, Weak Investment Climate and Governance Failures Deepen Growth Concerns Nepal’s economy is once again confronting a period of heightened uncertainty, with private-sector confidence weakening and macroeconomic indicators pointing toward sluggish growth. Economists warn that despite repeated political changes over the past seven decades, the country’s fundamental economic challenges remain largely unaddressed.

Top

3 min read

Nepal’s Hydropower Expansion Faces Policy, Regulatory, and Land Bottlenecks: Officials Call for Urgent Reforms

Dipesh Ghimire

·

11 Dec, 2025

Nepal’s Hydropower Expansion Faces Policy, Regulatory, and Land Bottlenecks: Officials Call for Urgent Reforms

Nepal’s Hydropower Expansion Faces Policy, Regulatory, and Land Bottlenecks: Officials Call for Urgent Reforms Nepal’s ambition to accelerate hydropower investment continues to face significant policy and regulatory hurdles, despite rising domestic and regional demand for clean energy. Government officials and energy sector leaders warn that unless these structural constraints are resolved, Nepal risks slowing down a sector that has the potential to transform the national economy.

Nepal’s Hydropower

2 min read

Commercial Banks’ Profit Drops to Rs. 19.37 Billion in Four Months, Gen-Z Unrest Cited as Key Pressure

Dipesh Ghimire

·

11 Dec, 2025

Commercial Banks’ Profit Drops to Rs. 19.37 Billion in Four Months, Gen-Z Unrest Cited as Key Pressure

Commercial Banks’ Profit Drops to Rs. 19.37 Billion in Four Months, Gen-Z Unrest Cited as Key Pressure Commercial banks in Nepal earned a combined net profit of Rs. 19.37 billion in the first four months of the current fiscal year, significantly lower than the profit posted during the same period last year. According to Nepal Rastra Bank (NRB), the decline is closely linked to the economic slowdown triggered by the Gen-Z movement in the second month of the fiscal year, which weakened loan demand and disrupted banking transactions.

Top

2 min read

South Korea’s Employment Rises Amid Shifting Demographics and Aging Workforce Participation

Dipesh Ghimire

·

11 Dec, 2025

South Korea’s Employment Rises Amid Shifting Demographics and Aging Workforce Participation

South Korea’s Employment Rises Amid Shifting Demographics and Aging Workforce Participation South Korea is witnessing a steady rise in employment, a trend experts link to the country’s shifting demographic structure and expanding opportunities for older adults in the labor market. Analysts say the pattern reflects both economic stability and a growing tendency among senior citizens to remain active in the workforce. According to official data, employment among individuals aged 15 and above increased by 0.8 percent year-on-year, reaching 29.046 million. Notably, people aged 60 and above accounted for the bulk of this growth, adding 333,000 new jobs. In contrast, employment declined among younger workers—falling by 177,000 in the 15–29 age bracket—and also slightly among individuals in their 40s.

Top

1 min read

Global Trade Set to Exceed USD 35 Trillion in 2025, UN Report Signals Strong Momentum

Dipesh Ghimire

·

11 Dec, 2025

Global Trade Set to Exceed USD 35 Trillion in 2025, UN Report Signals Strong Momentum

Global Trade Set to Exceed USD 35 Trillion in 2025, UN Report Signals Strong Momentum Global trade is poised to cross the USD 35 trillion mark for the first time in 2025, according to a new assessment released by the United Nations Conference on Trade and Development (UNCTAD). The projection comes at a time when the global economy is wrestling with geopolitical friction, rising operational costs, and uneven demand across major markets. UNCTAD’s analysis suggests that despite these headwinds, global commerce has continued to expand at a steady pace. The report estimates an annual trade growth rate of around seven percent for 2025—not driven by inflation but by an actual rise in traded volumes. Analysts say this indicates that global consumption has remained resilient even as major economies confront slower growth cycles.

Popular News

1 min read

Government Sets Up Irrigation Management Company to Operate Nepal’s First Large-Scale Mechanical Irrigation Program

Dipesh Ghimire

·

10 Dec, 2025

Government Sets Up Irrigation Management Company to Operate Nepal’s First Large-Scale Mechanical Irrigation Program

Government Sets Up Irrigation Management Company to Operate Nepal’s First Large-Scale Mechanical Irrigation Program In a major institutional reform aimed at modernizing Nepal’s agricultural infrastructure, the government has approved the establishment of Irrigation Management Company Limited, a new entity tasked with operating the country’s latest mechanical irrigation system. The Cabinet meeting held on Monday endorsed the proposal submitted by the Ministry of Energy, Water Resources and Irrigation, marking a significant step toward commercializing and expanding scientific irrigation in Nepal’s farmlands.

Top

3 min read

Global Aviation Rebounds Strongly as Passenger Numbers and Airline Revenues Set New Records

Dipesh Ghimire

·

10 Dec, 2025

Global Aviation Rebounds Strongly as Passenger Numbers and Airline Revenues Set New Records

Global Aviation Rebounds Strongly as Passenger Numbers and Airline Revenues Set New Records The global aviation industry is once again demonstrating remarkable resilience, with fresh projections indicating that passenger traffic and airline revenues will surpass all previous records by 2026. Despite contending with geopolitical instability, supply chain disruptions, and regulatory tightening across multiple regions, analysts say the sector’s post-pandemic recovery is now firmly underway.

Global Aviation

2 min read

NRB’s Bold Rescue of Karnali Development Bank: Depositors to Take Ownership as Historic Reform Model Unfolds

Dipesh Ghimire

·

10 Dec, 2025

NRB’s Bold Rescue of Karnali Development Bank: Depositors to Take Ownership as Historic Reform Model Unfolds

NRB’s Bold Rescue of Karnali Development Bank: Depositors to Take Ownership as Historic Reform Model Unfolds In a decisive intervention aimed at preventing one of Nepal’s longstanding regional development banks from collapsing, Nepal Rastra Bank (NRB) has initiated a sweeping restructuring plan for Karnali Development Bank. The move, unprecedented in the country’s financial history, comes after the bank reached a state where returning depositors’ savings was no longer possible, raising the specter of a full-scale institutional failure and public panic.

Top

3 min read

Modi Rekindles Debate on "Hindu Rate of Growth" as India Revisits a Controversial Economic Phrase

Dipesh Ghimire

·

10 Dec, 2025

Modi Rekindles Debate on "Hindu Rate of Growth" as India Revisits a Controversial Economic Phrase

Modi Rekindles Debate on "Hindu Rate of Growth" as India Revisits a Controversial Economic Phrase A remark by Indian Prime Minister Narendra Modi at the Hindustan Times Leadership Summit has reopened a decades-old economic and ideological debate surrounding the term “Hindu Rate of Growth”—a phrase originally coined to describe India’s sluggish economic performance in the mid-20th century. Speaking at the event, Modi argued that linking a low economic growth rate to the cultural identity of the Hindu majority reflected “a colonial mindset,” one that unfairly associated India’s slow development with its religious traditions rather than with structural policy barriers or historical circumstances. “Our entire civilization was tagged with unproductivity and poverty through this terminology,” he said, adding that the phrase was never questioned for its communal implication.

Hindu Rate of Growth

4 min read