An analytical study of HDI among India and its adjoining nations with reference to the relationship of literacy rate Online publication date: Tue, 24-Jan-2023
by Sugandha Agarwal; Deepa Gupta
International Journal of Indian Culture and Business Management (IJICBM), Vol. 28, No. 1, 2023
Abstract: Economic growth is consistently a concern for any country. GDP growth and per capita income is a vital indicator on economic growth. These pointers portray the increase or decrease in productivity and income of the economy. Humans are an important part of productivity, but human welfare, equity, and social justice are not recorded. Economic advancement cannot be measured through GDP contribution, as it overlooks the disparity of income, poverty, unemployment, and other issues in the economy. The concept of the human development index proposed by Mahbub-ul-Haq and later refined by UNDP provides the correct parameter for evaluating economic development. This paper endeavours to comprehend the pattern of HDI among Indian and its adjoining nations and to check the contribution of each parameter in calculating the HDI of any country. The impact of the literacy rate on the HDI rate is also studied in the paper.
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Indian Culture and Business Management (IJICBM):
Login with your Inderscience username and password:
Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.
If you still need assistance, please email subs@inderscience.com
Our Blog 
Follow us on Twitter 
Visit us on Facebook