Under the new framework, NDP adjusts GDP by subtracting capital depreciation and the depletion of natural resources and is being emphasised as a more robust indicator of sustainable economic output.
Countries such as India are actively considering a shift from GDP to NDP as a headline economic metric, with policymakers targeting implementation by the ****-** fiscal year, a move officials say would align national accounting with global best practices and support clearer policy decisions on investment, infrastructure and productive capacity by highlighting net economic gains.
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