You can always look this information yourself by couple of google searches.<p>Many in west is a perfectly valid use of phrase. Deep Hinduphobia causes a lot of (even liberal) westerners to look down on Hindus and India in general.<p>For example Benedict Evans displayed his ignorance using the phrase &quot;Hindu Rate&quot; of growth in reply to that infamous tweet. This is both Hinduphobic and racist in my opinion.<p>Original background of &quot;Hindu rate of growth&quot;.<p>Independent India followed Soviet Styled socialist policies (should I say Bernie Sander styled). India could not grow under such policies not matter what government did. An economist Prof. Raj Krishna concluded that this was India&#x27;s destiny to remain poor linking it with Hindu concept of Karma. He was not joking. Marx and Weber have serious influence on India&#x27;s leftist academia (which is almost all academia). Marx dismissed Hindus as barberic because they worshiped trees and monkeys. Where as Weber argued that Hindus and Buddhists can not achieve prosperity through industrialization and capitalism because according to him they lacked individualism. Prof. Raj Krishna&#x27;s phrase originated there.<p>Research by a Belgian Paul Bairoch has collected data about India and China&#x27;s economy since 1700s. Both China and India contributed to world GDP 24% and 33% respectively which fell to 20% in 1800.<p>Here is the link with details : <a href="http:&#x2F;&#x2F;www.newindianexpress.com&#x2F;columns&#x2F;s_gurumurthy&#x2F;Boss-read-the-true-history-before-speaking&#x2F;2013&#x2F;04&#x2F;06&#x2F;article1532597.ece" rel="nofollow">http:&#x2F;&#x2F;www.newindianexpress.com&#x2F;columns&#x2F;s_gurumurthy&#x2F;Boss-re...</a>