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UPSC PRELIMS 2023
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#IMP_Index #PT2020

Human Development Index 2019

- released by UN Development Programme (UNDP) as part of Human Development Report.

- It measures average achievement in three basic dimensions of human development,
i. Life expectancy, 
ii. Education and 
iii. Per capita income.

HDI 2019
- India ranks129 out of 189 countries 
- Norway, Switzerland, Ireland occupied the top 3 
- Among India's neighbours, Sri Lanka (71) and China (85) are higher up the rank scale.
- Bhutan (134), Bangladesh (135), Myanmar (145), Nepal (147), Pakistan (152) and Afghanistan (170) were ranked lower on the list.
#IMP_Index   #PT2020 

Ease of Doing Business Index

- It is being released as part of the World Bank every year.
- It was introduced in 2004 
- The ranking of a country is based on index averages on following indicators, each having equal weightage. 

 The indicators are -

1. Ease of starting business
2. Getting electricity
3. Dealing with construction permits
4. Registering property
5. Protecting investors 
6. Access to credit
7. Employing workers 
8. Trading across borders 
9. Paying taxes
10. Enforcing contracts &
11. Resolving insolvency

- A higher ranking of a country means that its regulatory environment is more conducive and favourable for the starting and operation of firms.

- India ranks at 63rd among 190 countries, moved 14 places from the previous year (77th rank in 2018).

@Digicate