what is human development index? who has prepared it? write about basic components of human development measurement
Answers
HDI is a statistical tool which measures the country's overall achievement in its socio-economic dimension.
It is being prepared and published by United Nations Development Programme.
The basic components of HDI are Health (longevity of life), Education and living standards (Gross national income per capita).
Human Development Index is the index which is prepared by United Nation Development Program.
Explanation:
HDI i.e. Human Development Index is measured by 3 dimensions. UNDP i.e. United Nation Development Program ranks the country according to the statistical values.
Dimensions of Human Development Index are as follows.
Health: It is measured by “life expectancy at birth and sex ratio”.
Education: It is measured by “literacy ratio and expected year schooling ratio”.
Income: It is measure by GNI i.e. “Gross National Income” and Per Capita Income.