Tag Archives: GDP growth

India’s Obsession for ‘GDP Growth’ Is Killing Farmers

Farmers are committing suicide because agriculture sector contributes only around 15 percent towards the GDP. Continue reading

Posted in Economy and Business | Tagged , | Leave a comment

What India can Learn from Bhutan’s Gross National Happiness (GNH)

Lifestyles of Indians basically have spiritual roots. They value material things but at the same time also appreciate the importance of mental well-being. The 9 domains of Bhutan’s gross national happiness offer ideal framework to guide “development” in India. Continue reading

Posted in Sustainable Development | Tagged , , , | Leave a comment

Development: GDP Growth Alone can Never Eliminate Poverty

Economic growth in the so-called market economy inherently favors the rich; the poor only derive the “trickle down” benefits.” In fact, poverty is needed to subsidize the businesses of the rich through their low wages; therefore, poverty can never the eliminated. Continue reading

Posted in Sustainable Development | Tagged , , , , | Leave a comment