Gross national happiness (GNH ) of a country is the sum of value of all final goods and service proudced in all the three sector in a particular year
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What Is Gross National Happiness (GNH)?
Gross national happiness (GNH) is a measure of economic and moral progress that the king of the Himalayan country of Bhutan introduced in the 1970s as an alternative to gross domestic product. Rather than focusing strictly on quantitative economic measures, gross national happiness takes into account an evolving mix of quality-of-life factors.
The kingdom of Bhutan's first legal code, written at the time of unification in 1729, stated that “if the government cannot create happiness for its people, there is no purpose for the government."
Understanding Gross National Happiness (GNH)
King Jigme Singye Wangchuck told the Financial Times in a 1972 interview that “gross national happiness is more important than gross national product.” It is not clear how seriously King Jigme had thought through this new metric, but Bhutanese scholars have since picked up the idea and run with it. The GNH has evolved into a somewhat scientific measure of the once-isolated kingdom's economic and moral development.
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