GS4 · UPSC Mains

Economic growth has been the primary goal of economic policies, and the principal measure of an economy's success. In the last few decades, economic growth benefitted mankind in multiple ways. But alongside these benefits, it has also generated significant issues and a series of converging challenges. In light of this, answer the following: (a) What was the rationale behind GDP growth being considered the pillar of economic policies the world over in the past few decades? (b) Explain the need to go beyond GDP growth and reassess our measures of development. Identify some of the components that need to be complemented with GDP growth going forward.

20 marks · 13 toppers answered this

TopperRankSourceCopy
Nisha—VisionIASp.49
Arpit Gupta—VisionIASp.49
Manish—VisionIASp.45
Nausheen—VisionIASp.48
Naman Goyal—VisionIASp.48
P Srija—VisionIASp.48
Ravindra Kumar Meena—VisionIASp.49
Ravi Kumar—VisionIASp.49
Jagrati Awasthi—Visionp.49
Jagrati Awasthi—Visionp.49
Jagrati Awasthi—Visionp.49
Gamini Singla—Visionp.386
Divyanshu Nigam—Visionp.49

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