The limitation of GDP in this area prevents it from measuring the economic welfare people get. What are the alternatives to GDP to overcome the limitations it poses?
Topic: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment. 5. The limitation of GDP in this area prevents it from measuring the economic welfare people get. What are the alternatives to GDP to overcome the limitations it poses? (250 words) Difficulty level: Moderate Reference: Insights on India Why the …