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Which one for development (GDP or HDI or GNH)?

‘Reasons to Stay Alive’ is a 2015 memoir about major depressive disorder authored by novelist Matt Haig. After reading some reviews and summary of this book, I am just sharing my thoughts this in economic terms. The root cause of the depression is confusion about the real meaning of development not only for individual but also for nations ( GDP or HDI or GNH ). I thought GNH as development indicator not GDP would be chosen for the betterment of the majority of Indian citizens, when Narendra Modi personally chose to make Bhutan the destination of his maiden foreign trip in 2014 as India Prime Minister. To get clarity why I say this, first we need to understand the differences among GDP or HDI or GNH. Individuals' happiness can be driven properly when a nation chooses its development indicator wisely. GDP: Gross Domestic Product (GDP) is used by the World Bank (WB) and the International Monetary Fund (IMF) in the comparative analyses of its member nations. GDP is the v
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Emphasizing Unity among Diversity

I believe that the Indians (the people who lived in Indian Territory) starting from Stone Age to today's Information Age were never united against enemy even for independence. As we all know only a small fraction of Indians were freedom fighters against British.  After independence, maturing population in India gave the rising power of middle class in most of the sectors. India is a cheapest man power country and biggest market for global companies. Globalization gives too much power to World Bank, IMF, Wall Street and US diplomats by means of centralization. If it continues, it will be very difficult to decentralize the feudal behaviour of these institutions after some years. Even a small mistake in these institutions will hit hugely in many parts of the world. The government of India did a good job to increase the employment opportunities through free trade agreement by relaxing license raj rules in 1993. Otherwise the huge unemployment would create the biggest threa
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