Question

What are the Importance of measuring HDI?

Answer 1

Answer:

The HDI gives an overall index of economic development. It gives a rough ability to make comparisons on issue of of economic welfare - much more than just using GDP statistics. Human Development Index is important because it helps us to know how a country is doing. It is a better measure of a country's progress.

Answer 2

Answer:

HDI is nothing but Human Development index

The importance of measuring it is that we come to know the potential of of the human resources of a particular country