Green Indian States Trust (GIST) is committed to help India achieve a better and sustainable future. We propose, through our “Green Accounting for Indian States & Union Territories Project” (“GAISP”), to build a framework of national accounts that presents genuine net additions to national wealth. This system of environmentally-adjusted national income accounts will measure the depletion of natural resources and the costs of pollution and will evaluate additions to the stock of human capital. We hope that a policy consequence of Green Accounting may be gradual increases in budgetary allocations towards improvements in education, public health and environmental conservation.
