What does human development index indicate by whom hdi is prepared?
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- Human Development Index (HDI) : It makes rating of all countries on a scale of 0 to 1. 0 indicates lowest human development and 1 indicates highest human development. Two important points abour HDI are :
- It measures relative and not absolute level of human development.
- The main emphasis of HDI is on goals, i.e. longevity, knowledge and standard of living (expressed in real per capita income).
- Who Prepares HDI : United Nations Development Programme (UNDP) has been preparing HDI sice 1990.
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