1% Of India’s Richest Control 21% Of Country’s Wealth

The UN Development Programme (UNDP) released a sobering report on various indices of human development on September 8. The report, which describes the Human Development Index (HDI) for all countries, said COVID-19 has reversed decades of progress and has called for a “jolt” so countries can exit a “global policy paralysis”.

While the values of many indicators have slipped across the planet, India also dropped a rank, to stand at #132 on the list of countries ordered by HDI.

For the first time in 32 years (i.e. since the UNDP has been publishing the HDI), the value of the HDI has declined worldwide for two consecutive years. HDI measures a nation’s health, education and standard of living. “Human development has fallen back to its 2016 levels, reversing much of the progress towards the Sustainable Development Goals.” The HDIs of 90% of the world’s countries dropped either in 2020 or 2021.

— source thewire.in | 08/Sep/2022

Nullius in verba


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