India among top 10 economic achievers, poor ranking in HDI
New Delhi | Thursday, Nov 4 2010 IST
China, Nepal, Indonesia and South Korea are among the ''top movers'' in the Human Development Index (HDI), while India joins the list of top 10 performers in income growth, says a report of the United Nations Development Programme (UNDP).
However, the country ranks 119th in the non-income HDI and is way below China (89) and Sri Lanka (91), and also below its other neighbours Bangladesh (116) and Pakistan (112). The UNDP launched its 20th anniversary edition of Human Development Report 2010 'The Real Wealth of Nations: Pathways to Human Development' worldwide today. In India, the report was launched by UNDP Resident Representative and UN Coordinator Patrice Coeur-Bizot in the presence of Planning Commission member Syeda Hamid and Chief Economic Advisor, Union Ministry of Finance Kaushik Basu.
Among Asian countries, Nepal ranks second among top movers in non-income HDI while India is among top ten in GDP growth and is among the middle human development countries. The other nine Top Movers are China, Indonesia, Saudi Arabia, Laos, Tunisia, South Korea, Algeria and Morocco.
An analysis of the 40-year trends shows that poor nations, including Nepal, were making 'faster development gains'.
There has been steady progress on the HDI over the past 20 years and India's HDI was above the average for countries in South Asia.
Its economic growth has been impressive, but inequality was on the rise and the report said there was 30 per cent loss in HDI value when adjusted against inequality, said Mr Coeur-Bizot.
Reacting to India's ranking in the report, Mr Basu said the country's goal was to improve overall human development and not just economic growth. However, he said, economic growth and rise in income levels were necessary for improving human development index, as for example, access to education and health services was linked with income level.
Ms Hamid in her remarks said more emphasis would be placed in democratisation of the five year plans and change introduced with the 11th Plan would be more visible in the 12th Plan. The 2010 Report introduces three new indices that measure the impact of inequality, gender disparities and multi-dimensional poverty.
-- (UNI) -- 04DI44.xml
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