While we are happy that our economy is in an ascending phase and our GDP has been growing at as high as 9 per cent per annum, it is evident that the economic growth is not fully reflected in the quality of life of a large number of people, particularly in rural areas and even in urban areas. Hence, we have evolved what is called a National Prosperity Index (NPI), which is a summation of (a) annual growth rate of GDP; (b) improvement in quality of life of the people, particularly those living below the poverty line; and (c) the adoption of a value system derived from our civilizational heritage
...more
