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Indian Development

Indian Development

  08-10-2022 12:46:44
As per the last Human Development Report, the HDI rank of India is 131 (out of 189), with a score of 0.645. India is categorised as having Medium Human Development. Norway tops the list with an HDI score of 0.957 while the US has a score of 0.926 and ranks 17.

Different global bodies and agencies classify countries differently. The ‘World Economic Situation and Prospects’ of the United Nations classifies countries into three broad categories: developed economies, economies in transition, and developing economies. The idea is “to reflect basic economic country conditions”, and the categories “are not strictly aligned with the regional classifications”. So, it isn’t as though all European countries are “developed”, and all Asian ones are “developing”.