Speaking at the 22nd convocation of Himachal Pradesh University (HPU) here, Ansari asked his audience to look beyond GDP and other market values while measuring development.
"There is a clear need to go beyond GDP and market values while measuring development as human well-being and quality of life are important additional values.
"The approaches to sustainability governance, based merely on economic values are not only insufficient but partly the cause of unsustainable development," he said.
Himalayas are endowed with fragile and vulnerable ecosystem and recent happenings have reminded us that human excesses extract a cost and emphasised on "a re-look at the questions relating to management of environmental and community resilience".
The active nature of geological forces in these mountains and their geographic location make them susceptible to a range of natural hazards that get magnified to the level of disasters when they are coupled with activities like human habitations, road building, agriculture, deforestation, mining and dam building, he observed.
"The poor, weaker and weakest segments of the society are more vulnerable to risks from natural and man-made environmental hazards," he said.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
