Tag: development indices

Human Development Index is constructed by UNDP( United Nations Development Program ). HDI stands for Human Development Index. It can be defined as a statistic composite index of human development indicators, like, life expectancy, education, per capita income, etc. HDI helps to rank countries.

GINI index represent 1 perfectly inequality in distribution of income. GINI coefficient or GINI Index is developed by an Italian statistician, Corrado Gini. It can be defined as a statistical dispersion used to measure the inequality of wealth and income.

India's Human Development Index is low. India ranks 134 out of 187 countries in terms of HDI index per HDR Report 2011. HDI stands for Human Development Index. It can be defined as a statistic composite index of human development indicators, like, life expectancy, education, per capita income, etc. HDI helps to rank countries.

The GINI Index for India in 2007-2008 was 0.245.GINI Index is measure of degree of inequality in distribution of income and wealth. GINI coefficient or GINI Index is developed by an Italian statistician, Corrado Gini in the year of 1912. It is the most commonly used statistical method for measuring inequality of income and wealth.

GINI Index is measure of degree of inequality in distribution of income and wealth. GINI coefficient or GINI Index is developed by an Italian statistician, Corrado Gini in the year of 1912. It is the most commonly used statistical method for measuring inequality of income and wealth.

HDI composes of human development indicator's:
(i) Longevity
(ii) Level of knowledge
(iii) Percapita incomeHDI stands for Human Development Index. It can be defined as a statistic composite index of human development indicators, like, life expectancy, education, per capita income, etc. HDI helps to rank countries.

Longevity is measured in terms of life expectancy at birth. Longevity is one of the indicators of Human Development Index. Life expectancy at birth can be defined as a statistical measure which reflects the mortality rate in an economy.

Human well being is measured by Human Development Index. It was developed by United Nation Development Programme( UNDP)HDI stands for Human Development Index. It can be defined as a statistic composite index of human development indicators, like, life expectancy, education, per capita income, etc. HDI helps to rank countries.

Human Development Index was developed by United Nation Development Programme( UNDP)HDI stands for Human Development Index. It can be defined as a statistic composite index of human development indicators, like, life expectancy, education, per capita income, etc. HDI helps to rank countries.