New Delhi: A senior RSS functionary on Saturday claimed GDP was a misnomer and that India should develop its own model of development focusing on employment-led growth.
Bajrang Lal Gupta said the Gross Domestic Product (GDP) does not give a correct picture in a country like India, and cannot be the most important parameter for evaluating development.
GDP is the standard measure of the value added created through the production of goods and services in a country during a certain period.
"GDP is a misnomer in the Indian context as it does not include services which are not chargeable, while they are being charged in western countries," he argued.
The RSS functionary was speaking at the convocation ceremony of IILM University which has three campuses in Delhi NCR region.