Uttrakhand become ist to measure Gross environment product

Hello Everyone and welcome to all of you on your website. Today I am going to tell you sorrowful news of Uttrakhand become ist to measure Gross environment product. If all of you want to know, then all of you must read this article carefully, and If you still do not understand anything at all then all of you can tell me in the comment section below, I will help you.

GDP ( Gross domestic product)

The Gross Domestic Product measures the value of all economic activities within a country. We can also say that GDP is the sum of the Market values or prices of all final goods and services produced in an economy during a period time.

There are 3 types of GDP

1.Real  Gross Domestic Product:  This is the GDP after inflation has been taken into account.

2.Nominal Gross Domestic Product: It is the GDP at current prices ( with inflation)

3.Gross National Product: It is the actual National Income of the country

GDP was calculated by National agencies. Within each country, GDP is normally measured by a national government statistical agency, as private sector organizations do not have access to the information required ( especially information on expenditure and production by governments).

In India, GDP released by the Central Statistics Office under Ministry of Statistics and Programme Implementation. The four components of Gross Domestic Product are personal consumption,  Government spending  and net exports. GDP is the single best indicator of economic growth.

The large GDP is a good point for any country it is because GDP is high it means that the country is increasing the amount of production that is taking place in the economy and the citizens have a higher income and hence are spending more. There is an increase in the lifestyle of the citizens and there are more individuals goings to college.

GEP ( Gross EnvironmentProduct )  : It stands for Gross Environment Product, it is the calculation for an exhaustive evaluation of all the forest and environment resources that we have in all the states. Its importance is more than Green GDP.

   Green Gross Domestic Product ( green GDP): It is an index of economic growth with the environmental consequences of that growth factored into a country’s conventional GDP.  It monetizes the loss of biodiversity and accounts for costs caused by climate change.

GDP indicates economic growth, but does not explain ecological status- the status of the forest, air, water and soil, so the disadvantages were solved by the help of GEP that’s why we need  Gross Environment Product

Uttrakhand first state in country  measure Gross Environment Product

Uttrakhand woke up to Gross Environment Product after the devastating floods of 2013. A five-member committee was constituted on 5 March 2020 by the state government. It’s purpose is to measure the quality of water, air, earth and forests in the state and report annually on the state of Uttrakhand’s ecosystem.

The committee with illustrious experts and scientists will be looking into how to devise a method to measure the GEP in the same way like GDP.

This was done just because of Anil Prakash Joshi,  He is awarded  by the Padma shree Award ( most prestigious Award) for being an environmentalist. He has been advocating the implementation of Gross Environmental Product across the country especially in the Himalayas for years. The main purpose of GEP is to assess annually the growth and loss of the ecosystem. It includes the measure of Forest cover, Tree density, Soil erosion, Groundwater table, Air quality, Dissolved oxygen in river water and measures for protecting the environment. The committee which was made by Uttrakhand government will decide how to measure these values.

Why uttrakhand choose for Gross Environment Product ( GEP )

There are lots of rivers in the Uttrakhand  which cause it is also known as the Himalyan State known to be the source of several snow-fed rivers but now it has struggled to meet its own demand for water that’s why we need to measure GEP in Uttrakhand.

Dehradun city stood at 15^th post among 287 cities across India in terms of Air pollution with PM10 levels at 217 micrograms per cubic meter while Kanpur city stood at 17^th position with PM10 levels of 210 micrograms per cubic meter for the year 2018. Dehradun is winter capital of Uttrakhand and if we see this status of Uttrakhand so it proved to be a negative point for Uttrakhand. The summer capital of uttrakhand is Gairsain it also need to measure Gross Environment Product.

About the Post

Through this article, I told you Uttrakhand become ist to measure Gross environment product, If anyone has liked my Article then share it with your Friends, Also Besides, if you all have any confusion. All of you can tell me in the comment section below, I will help you