Union Minister of State for Environment and Forests Jairam Ramesh recently announced that the government plans to release the first round of “green” gross domestic product (GDP) data for India by around 2015. While details on the methodology and data sources to be used in the proposed metric remain relatively sparse, the Central Statistical Organisation is reported to have started preparation of a national database to estimate the costs of environmental degradation associated with GDP growth.
Complete article in this can be found at http://epw.in/epw/uploads/articles/14201.pdf
(I only pray that announcements are strongly supported by actual actions. Recently India has announced emission reduction targets, but I dont see initiation for initiating actions! I strongly believe that mere technology is inadequate to effect any substantial reduction in emission. It needs fundamental changes in our lifestyles and how we look at 'economy'- - - Amen!)
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