GDP not a gospel truth, will not remain very useful in future, says BJP MP Nishikant Dubey in Lok Sabha

Downplaying the role of the Gross Domestic Product (GDP) in determining the state of the economy, BJP MP Nishikant Dubey on Monday said the parameter shouldn’t be treated as gospel like the “Bible or Ramayana” as it won’t be of much use in the future.

“GDP 1934 mein aaya issey pehle koi GDP nahi tha…… Keval GDP ko Bible, Ramayan ya Mahabharat maan lena satya nahi hai aur future mein GDP ka koi bahot zyada upyog bhi nahi hoga, (GDP didn’t exist before 1934. Only GDP cannot be considered Bible, Ramayan or Mahabharat. It won’t even be used much in the future” he said.

Pitching for sustainable development as an important factor over GDP in assessing the economy, he said government measures such as the Swachch Bharat Abhiyan and Ayushmaan Bharat improved the lives of people.