Question

In what respect is the criterion used by the UNDP for measuring development diff. from the one used for the world bank ?

Answer 1

World Bank only uses per capita income for measuring development while UNDP uses many other factors like infant mortality rates, health care facilities, edu. level which help in improving the quality of life and helps in making the citizens more productive...

Answer 2

World bank only uses per capita income for measuring development while UNDP uses many other factors like infant mortality, healthcare facility education level which help in improving the quality of life and helps in making the citizens more productive. As per HDI- 2014, India's rank is 135. On the other hand, the World Bank uses per capita income as the only criterion for measuring development and classifying the countries as rich and poor. Per capita income is useful for comparison, it does not tell us how income is distributed.