Q.Comment on the growth rate trends witnessed in China and India in the last two decades.

Comparing development strategies through growth-rate trends means examining how fast the economies of China and India actually expanded over recent decades, and reading those trends as evidence of which strategy delivered. Growth rate here refers to the annual percentage increase in Gross Domestic Product, the broadest measure of an economy's output.

Over the last two decades China has recorded consistently higher growth than India, though both have grown far faster than most of the world. China's growth, driven by its post-1978 reforms, a huge manufacturing and export base, very high rates of saving and investment, and heavy inflows of foreign capital, ran at double-digit or near-double-digit rates for years before gradually moderating as the economy matured and the base grew large. India, which liberalised later in 1991, accelerated to strong growth led chiefly by its service sector, but generally remained a step behind China's pace and showed more year-to-year fluctuation. …