In a bid to bring environmental concerns into mainstream growth accounting, the government plans to release green GDP data from 2015, environment minister Jairam Ramesh said on Friday.
Green GDP is conventional gross domestic product figures adjusted for the environmental costs of economic activities. It’s a measure of how a country is prepared for sustainable economic development.
India would be one of the few countries to release a green GDP estimate. China, a pioneer in the factoring in costs of environmental degradation into economic growth estimates, first published its green GDP data for the year 2004, in 2006.
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