FULL FORM OF HDI

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WHAT IS HDI

         The full form of HDI is Human Development Index. It is a statistical tool that is used to measure the achievement of a country in the socio- economical condition of the people such as level of education, there health, the living standard etc. Human Development Index is enforced that people and their skill and capabilities should be the main criteria for measuring the development of a country. 

      HDI was developed by Indian Economist Amartyas Sen and Pakistani Economist Mahbub ul Haq. After that united nations adopted it to to measure the social and economic development of the countries.

HOW HDI IS CALCULATED

It is calculated with the help of four parameters which are as follows -

1. Life expectancy at birth.

2. Expected years of schooling.

3. Mean years of schooling.

4. Gross national income per capita.

         If Human Development Index comparatively higher it means that the people of this country have better life standard, higher education level and higher GNP per capita. 

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