Tag: GDP
Is GDP still the best development yardstick?
A rising GDP can hide as much as it reveals — inequality, unpaid work, environmental costs, none of it shows up in the headline number. Drawing on India’s HDI data, this piece argues that GDP remains necessary, but was never meant to answer whether people are actually better off.
Beyond wealth, development: measuring freedom to live well
Two people can live in the same fast-growing economy and experience entirely different realities — one with real choices, the other without. Drawing on Amartya Sen’s work, this piece argues that wealth is only useful insofar as it expands people’s actual freedom to live the lives they value.
India’s GDP growth in Q1 of FY 2022-23: An alarming situation and government indifference
Though the Modi regime went into a jubilation mode, citing 13.5% GDP growth in Q1 of FY 2022-23, the reality shows an alarming picture.
The enigma of 20.1% GDP growth in Q1 FY 2021-22
The BJP’s and the Modi regime’s amplified cacophony over the claim of 20.1% GDP growth in Q1 FY 2021-22 shows how propaganda is used to kill common sense.
India’s GDP contraction in the Q2 FY 2020-21 is alarming
India’s GDP contraction in the Q2 FY 2020-21 puts the country in the recession zone but the Modi regime remains nonchalant about the crisis.
