One of the important areas of ICRIER’s research is that of Macroeconomics and growth. We intend to systemise and deepen this policy research and expand it to include issues of employment and poverty. The current working paper is the first in a series of papers on Indian Economic growth performance. There is much mis-perception about Indian economic growth history, not only among foreigners, but even among Indians. It is therefore necessary to start with a simple paper that sets forth the basic unvarnished facts and sets the record straight.