Development: CPI, Human Development Index, Scope for Improvements

The compilation of these Economics Notes makes students exam preparation simpler and organised.


In the world economy, India has been dubbed a “Developing Country”. It simply means we are on our way to being a developed country but are not quite there yet. While the financial sectors have shown tremendous development over the years, we still lag behind on quality of life and other human development indexes. Let us take an in-depth look at development indicators, such as the human development index, and the scope for further development in our country.