Original sentence: According to this thinking, that opportunity was wasted because of a misplaced faith in the power of economic planning.Economist Jagdish Bhagwati has remarked that India's problem has been that it has too many brilliant economists; he believes the stalwarts of Nehru's Planning Commissions began to believe in their own infallibility, much to the detriment of the Indian State.In hindsight, the Nehruvian model ultimately failed in most of its objectives;  many Indian economists—particularly among Nehru's contemporaries—believe Nehru's emphasis on central planning was the right policy for India of that time.It is also worth noting that India's trend growth rate in GDP stayed above 4% for all the years that Nehru was PM.Shenoy to Nehru's Second Five-Year Plan is considered a classic publication in the Austrian School of Economics.Some recent, but isolated, studies heavily influence by Chicago School economists, for instance one by Goldman Sachs have claimed that India, had the potential to grow faster in the 1960-1980 timeframe.The dissent by B
Edited sentence: In hindsight, the Nehruvian model ultimately failed in most of its objectives;  many Indian economists — particularly among Nehru's contemporaries — believe Nehru's emphasis on central planning was the right policy for India of that time.It is also worth noting that India's trend growth rate in GDP stayed above 4% for all the years that Nehru was PM; some recent studies for instance by Goldman Sachs have claimed that India, had the potential to grow faster in the 1960-1980 timeframe, but that opportunity was wasted because of what appears to be, in hindsight, a misplaced faith in the power of economic planning.Well-known economist Jagdish Bhagwati has remarked that India's problem has been that it has too many brilliant economists; he believes the stalwarts of Nehru's Planning Commissions began to believe in their own infallibility, much to the detriment of the Indian State