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What does human development index indicate? …

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What does human development index indicate? By whom HDI is prepared?
  • 1 answers

Sia ? 5 years, 11 months ago

The importance of Human Development Index are as follows:

  1. It indicates the development of a country.
  2. It indicates how far it has to yet develop to achieve a higher rank with respect to other countries.
  3. It indicates the areas of improvement for a country.
  4. Through it, one comes to know of the important elements of economic welfare like - life expectancy, level of education and real per capita income.
  5. It measures material and non-material components of development.
  6. Human Development Index (HDI) is helpful for a country to plan its future goals for development.
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