Ministry of Statistics and Programme Implementation (MoSPI) in collaboration with Indian Statistical Institute (ISI), Kolkata held a one-day workshop on the emerging area of Gross Domestic Knowledge Product (GDKP).
Gross Domestic Knowledge Product
The idea of GDKP was propounded by Prof. Umberto Sulpasso of the University of Southern California.
The Gross Domestic Knowledge Product (GDKP) measures a nation’s growth and future through four basic pillars:
Knowledge items (Ki) - identification of both modern and local distinct culture knowledge items in distinct categories.
Country’s Knowledge Producing Matrix (CKPM) - comparison of knowledge produced by government, private institutions, and households as a differentiated way to impact on the GDP.
Country’s Knowledge User Matrix (CKUM) – the value of knowledge bought by individuals and private companies as a way to measure their modernization efforts.
Cost of Learning – similar to the cost of living to be used as a political reference for government budgeting decisions through education family bonds, education credit card etc. to support young citizens.
GDKP for India
GDKP will allow calculation of the value of specific knowledge items related to national culture produced and how these items change over time.
In India, for examples, these specific knowledge items include the proliferation of cultural and religious teaching (yoga, Veda, and dance schools), religious festivals, and harvest festivals.
GDKP can also facilitate the creation of a National Knowledge Education Platform. It will also enhance GDP and the proper role of private investment with direct benefits to the Indian economy like software, publishing etc.
