The growth momentum has been losing steam since then, with growth rates of 6.2 per cent in 2011–12, 5.0 per cent in  2  “Professor Raj Krishna was one of the first to draw pointed attention to the inadequacy of our growth performance, when in the mid-seventies, he coined the much quoted phrase ‘the Hindu rate of growth’ to describe India’s disappointing trend growth” Montek Singh Ahluwalia (1995), “Economic Reforms for the Nineties”, lecture delivered as the First Raj Krishna Memorial Lecture in April 1995 at the University of Rajasthan accessed from the Planning Commission website http://planningcommission.gov.in/aboutus/speech/spemsa/msa033.pdf.
This number goes up to 1.4 billion if one applies $ a day definition for poverty;  •  Women make up 65% of the world’s illiterate 2 ; and  •  Women get paid less and hold less than 6% of senior management positions 3 etc. 5.