Whither India - why not focus on Human Well-being (Happiness) and let it take care of GDP?
Outline The other day we were discussing the issue of development among colleagues and few mentioned that India has really developed in last 60 years. Out of my inquisitiveness I asked how do they defend this view, their indicators were like, use of mobile, availability of ice-cream, motorcycles, cars and such other products. I put a simple question before them, before 30 years what was the state of education and health in the villages and what it is today. To my surprise I could not get the view of any of them on this. Certainly there is huge wealth creation which has happened in all these years, more in the real monetary terms. The availability of all branded products and services across different industries, proliferation of multi-national corporations, increase in the number of cars, television, mobiles, and such other products might surely reflect positive side of an economy like that of India, might surely boast of higher GDP...