JEMTEC

Green GDP is a word coined as a GDP after the compensation of environmental damages. Due to climate change losses in biodiversity takes place and depletion in available resources takes places. The accountability of using natural resources is to be determined and factors likes water and air pollution and flood needs to be considered. The economic development of country can’t be measured only on the basis of economic progress, an essential constituent named as ecological development needs to be measured by analytical analysis of environment wealth state wise. Green GDP is essential because the cost of maintaining the degradation of natural resources requires huge amount. Initially the information related to total amount of surface water and utilization ratio was not considered. The equipment cost, involved human cost and infrastructural cost are considered as basic building block of green GDP. According to World Bank reports in 2013 India suffered a loss of over $550 billion(Appr