Skip to content
Search

Latest Stories

India climbs one spot to 129 in UN human development index  

INDIA climbed one spot to 129 among 189 countries in the 2019 human development index, according to a report released by the United Nations Development Programme (UNDP) on Monday (9).

In 2018, India's human development index (HDI) value of 0.647 had put it at 130 rank.


In India, 27.1 crore people were lifted out of poverty from 2005-06 to 2015-16, UNDP India resident representative Shoko Noda said while releasing the UNDP's development report 2019 "Beyond income, beyond averages, beyond today: inequalities in human development in the 21st century".

India's development initiatives like the Pradhan Mantri Jan Dhan Yojana (for financial inclusion) and Ayushman Bharat (for universal health care) were crucial in ensuring that "we meet our promise to leave no one behind and fulfil PM's vision of development for all", she said.

Noda said the steady progress of India was due to nearly three decades of rapid development, which had seen a dramatic reduction in absolute poverty, along with gains in life expectancy, education, and access to health care.

As per the HDI, no other region has experienced such rapid human development progress, she said.

South Asia was the fastest-growing region witnessing 46 per cent growth during 1990-2018, followed by East Asia and the Pacific at 43 per cent.

"India's HDI value increased by 50 per cent (from 0.431 to 0.647), which places it above the average for countries in the medium human development group (0.634) and above the average for other South Asian countries (0.642)," Noda said.

Elsewhere in the region, Indonesia and the Philippines both joined the ranks of countries with high human development.

She said for countries like India, which had shown great success in reducing absolute poverty, "We hope that HDR 2019 sheds light on inequalities and deprivations that go beyond income. How we tackle old and new inequalities, ranging from access to basic services such as housing to things like access to quality university education, will be critical to whether we achieve the Sustainable Development Goals".

South Asia also saw the greatest leap in life expectancy and years of schooling. For India, between 1990 and 2018, life expectancy at birth increased by 11.6 years, mean years of schooling increased by 3.5 years and expected years of schooling increased by 4.7 years. Per capita incomes rose by over 250 per cent, according to the report.

Beyond these gains in basic standards and capabilities, however, the picture becomes more complex, Noda added.

According to the HDI report, the incidence of mult-dimensional poverty varies enormously across countries and is still high. Out of the 1.3 billion multi-dimensional poor, 661 million are in Asia and the Pacific, which shares almost half of the multi-dimensional poor living in 101 countries of the world.

South Asia alone shares more than 41 per cent of the total number of multi-dimensional poor.

Despite India's significant progress, it accounts for 28 per cent of the 1.3 billion multi-dimensional poor.

The report also found that despite progress, group-based inequalities persist in India, especially affecting women and girls.

While East Asia and the Pacific ranks second highest on the gender development index, Republic of Korea stood first in the region.

Yet worldwide among regions, South Asia has the widest gender gap on the HDI. Singapore has the region's lowest incidence of intimate partner violence against women.

The report stated that a staggering 31 per cent of women in South Asia have experienced intimate partner violence.

India is only marginally better than the South Asian average on the gender development index (0.829 vs 0.828), and ranks at a low 122 of 162 countries on the 2018 gender inequality index.

According to the report, more Indian men and women were showing biases in gender social norms, indicating a backlash to women's empowerment.

As the gap in basic standards is narrowing, with an unprecedented number of people escaping poverty, hunger and disease, the necessities to thrive have evolved, it said.

"The next generation of inequalities is opening up, particularly around technology, education, and the climate crisis These inequalities in human development are a roadblock to achieving the 2030 agenda for sustainable development," the report stated.

For example, in countries with very high human development, subscriptions to fixed broadband are growing 15 times faster and the proportion of adults with tertiary education is growing more than six times faster than in countries with low human development, it added.

Among others, UNDP Development Economist Swastik Das and UNDP Adviser, Gender and Social Inclusion Alka Narang highlighted the key points of the report.

More For You

Gold

Gold had surged 3.6 per cent on Wednesday after US president Donald Trump ordered an investigation into possible tariffs on all critical mineral imports.

Getty Images/iStockphoto

Gold eases after record high as investors book profits

GOLD prices dropped over 1 per cent on Thursday as investors locked in gains following a sharp rise in the previous session.

The fall came ahead of a long weekend, although gold stayed above $3,300 (£2,481) an ounce, supported by a weaker dollar and ongoing US-China trade tensions.

Keep ReadingShow less
India’s diamond exports hit 20-year low amid weak US and China demand

India handles nine out of every 10 diamonds processed globally

India’s diamond exports hit 20-year low amid weak US and China demand

INDIA’S exports of cut and polished diamonds plummeted to their lowest level in nearly two decades in the 2024-2025 fiscal year, which ended in March, on sluggish demand from the United States and China, a leading trade body said on Monday (14).

India is the largest cutting and polishing hub, handling nine out of every 10 diamonds processed globally. But it is sensitive to economic uncertainty – particularly in the US, its biggest market.

Keep ReadingShow less
UK financial watchdog opens first offices in US and Asia

The international expansion forms part of the FCA's new strategy (Photo: Reuters)

UK financial watchdog opens first offices in US and Asia

BRITAIN's Financial Conduct Authority (FCA) has established its first-ever international presence with new offices in the US and Asia-Pacific region, the watchdog announced on Tuesday (15).

Former investment banker Tash Miah began working at the British Embassy in Washington DC in April. In her role, Miah will collaborate with the Department for Business and Trade to improve UK-US financial services policy and help American firms navigate British regulations.

Keep ReadingShow less
UK Inflation

The Consumer Prices Index (CPI) stood at 2.6 per cent in March, down from 2.8 per cent in February, the Office for National Statistics (ONS) said.

Getty

UK inflation eases to 2.6 per cent ahead of US tariff impact

THE UK’s annual inflation rate dropped more than expected in March, according to official figures released on Wednesday. The latest numbers come as US president Donald Trump’s new tariffs add to global economic uncertainty.

The Consumer Prices Index (CPI) stood at 2.6 per cent in March, down from 2.8 per cent in February, the Office for National Statistics (ONS) said. Analysts had expected a decline to 2.7 per cent. The rate was 3.0 per cent in January.

Keep ReadingShow less
Bestway-wholesale

Bestway launches Easter campaign with 200 deals and new product reveals

BESTWAY Wholesale has launched a four-week Easter campaign offering nearly 200 promotional deals across categories both in depots and online.

The campaign includes branded displays with spring-themed packaging and features new product launches from Red Bull’s Peach Summer Edition and Pepsi’s Strawberry and Cream flavour, which Bestway says will be seen first at its outlets.

Keep ReadingShow less