Economy-UPSC notes

Gross National Happiness (GNH) Index: Indian Economy Notes for UPSC

GNH Index is a holistic measure of well-being and progress that prioritizes happiness and collective well-being over purely economic growth.

Gross National Happiness (GNH) Index The Gross National Happiness (GNH) Index is a holistic measure of well-being and progress that prioritizes happiness and collective well-being over purely economic growth. It was conceptualized in the 1970s by the 4th King of Bhutan, King Jigme Singye Wangchuck , as an alternative to Gross Domestic Product (GDP). Key Features of GNH Core Principles : GNH emphasizes a balance between material and spiritual well-being , focusing on sustainable and inclusive development. Domains of GNH : The index measures happiness across 9 domains , which reflect the multidimensional aspects of well-being: Psychological well-being. Health. Education. Time use. Cultural diversity and resilience. Good governance. Community vitality. Ecological diversity and resilience. Living standards. Scoring : GNH identifies the proportion of people who are happy in each domain, ranging from deeply happy to not-yet-happy. Significance Policy Tool : Guides governance decisions to ensure policies enhance c…

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