GNH stands for Gross National Happiness, which seeks to promote inner happiness and well-being within the context of societal good. GNH uses a simple screening tool to assess how policies and projects impact key domains like health, education, culture and the environment. Bhutan formally adopted GNH as a measure of development success and has four pillars - equitable socio-economic development, environmental conservation, preservation of culture, and good governance. While GDP measures economic output, GNH takes a more holistic approach by valuing natural, human and social capital to better indicate national well-being.

1. GROSS NATIONAL HAPPINESSA MEASURE OF GROWTHSubmitted by:Aadil Ahmed

2. AanchalSethi

3. AbhijeetChowdhury

4. Abhishek Mehta

5. Abhishek SharmaMEANINGWHY GNHGNH stands for the holistic needsGNH seeks to promote a conscious, inner search for happiness and requisite skillsIt supports the notion that happiness pursued and realized within the context of the greater good of society offers the best possibility for the sustained happiness of the individualPublic policies based on GNH will be far less arbitrary than those based on standard economic tools.

6. GNHDomainsGNHDomains

7. SCREENING GNHSimple GNH Screening ToolAssesses impacts of policies and projects on GNHSelects GNH enhancing policiesApplied in two phases:Policy LevelProject Level

8. SCREENING GNH CONTD..Each question has 4 pointer scale.Scale ranked from 1 to 4.1 – Negative Score2 – Uncertain3 – Neutral Score4 – Positive Score

9. SCREENING GNH CONTD..

10. SCREENING GNH CONTD..Calculation:Score x No. of QuestionsScoringDone by heterogeneous group of qualified experts and professionals.Have sound knowledge of subject matter.

11. BHUTAN

12. FOUR PILLARS OF BHUTAN GNH

13. KEY DEVELOPMENT INDICATORS OF GNH IN BHUTAN

14. WHY GDP AS A MEASURE OF HAPPINESS AND WELL-BEING PARTLY FAILS?Failure to make qualitative distinctionsFailure to value Natural, Human, and Social capital.Failure to value free timeFailure to value unpaid work.Failure to account for equity.

15. KEY DIFFERENCES BETWEEN THE TWO TYPES OF DEVELOPMENT MEASURE