Economic Growth
 
Getting to a greener picture of India’s growth story
Varad Pande
Posted on: 08 May 2013

The Expert Group on Green National Accounting calls for including natural as well as human capital in our national accounts, and defining economic growth in terms of ‘wealth per capita’ instead of ‘GDP per capita’. In this Note from the Field, Varad Pande argues that this is a step in the right direction, discusses implementation issues and calls for a new robust cost-benefit rubric for new projects.
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