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As an alternative to the conventional GDP, a new "progressive" GDP termed as the "Holistic Progress Index" or the HPI has been proposed; and an original approach to its quantitative evaluation has been presented. The HPI integrates social, economic, ecological and political aspects of human progress. The rationale of HPI and its evaluation methodology are presented. As proposed, the HPI is based on three major parameters i.e. the Net GDP per capita, Socio-Ecological Progress Index anddoi:10.9770/jssi.2013.2.4(6) fatcat:kip3a3db7zgphpmulqhusf6rqy