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GDP ignores cost to the environment

Can this flawed measure of growth be reversed?

At a time when courts hog headlines, this was a conspicuous slip. About two months ago, the Uttarakhand High Court admitted a public interest petition on making gross environmental productivity a co-indicator of the state of the economy along with the standard gross domestic product (GDP). The media did not take note and there was not much discussion on its significance. [more]