Thursday 23 March 2017

lower rank of india in Human development Index



 Any welfare oriented nation  should be very concerned about the lower rank in HDI , because it only means that  ,  their nations are  lagging behind in  health, education and standard of living matters. India, slipping from 130th to 131st rank among 188 nations  in HDI ranking is not a matter to be ignored. Ever since, globalization era started,   privatization ,liberalization and deregulation  rules started dominating the economies of the world , only the corporate sector benefited immensely and  aggravated  the inequalities   .  Manufacturing of aircrafts, helicopters ,  defense  equipments , luxury cars ,  nuclear projects,  smart cities, tube trains , satellite and missile programmes   became top  priority projects and the social programmes were neglected .  The result is,  the basic needs  of majority of the population such as food, drinking water ,   clothing, shelter, education and health care  are not satisfied and they continue  to suffer due to joblessness and poverty .India which is loudly proclaiming as an emerging economy , should feel ashamed to occupy such a lower rank in HDI and bother to take measures to improve it . After all , higher rank  in  HDI indicate the wellbeing of the entire population  which would result in higher rate of human capital formation

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