Sri Lanka tops South Asia in human development

As for the growth rate during 1990-2014, South Asia’s figure was 1.38, the highest among all regions.

  1. The report, which studied a total of 188 countries and territories, has determined the HDI values.
  2. By assessing long-term progress in 3 basic dimensions of human development — a long and healthy life, access to knowledge and a decent standard of living.
  3. India and Bhutan fall under the category of medium human development countries.
  4. India is placed at 130th rank and Pakistan, 147th.
  5. Within the region of South Asia, Afghanistan tops the list with the value of 1.89 for 1990-2014 followed by Bangladesh (1.64), Nepal (1.49) and India (1.48).

Inequality pulls back India

India is ranked 130 of 188 countries on the HDI in 2014, up marginally from 135 in 2013.

  1. The annual HDI report looks at the role of work in improving human development.
  2. India loses over one-fourth of its HDI value, when inequality is factored in, .
  3. Workforce participation rates for women have dropped globally, driven largely by declines in the last decade in India and China.
  4. The HDR report calls for a new social contract among govts, society, and the private sector to ensure everyone has a say in policy formulation.
  5. Over half of India’s population is multi-dimensionally poor, while a further 18% are close to this line.

Lets know about Human Development Index

  1. The HDI is a composite index meant to compare the well-being of people across countries and it was first introduced by the UNDP in 1990.
  2. It is calculated as the geometric mean of three indicators: life expectancy at birth, education and national income.
  3. The education dimension is measured by mean of years of schooling for adults aged 25 years and more and expected years of schooling for children of school entering age.
  4. The measure of gross national income per capita at Purchasing Power Parity rates reflects the standard of living.

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