Quiz

 Which of the following is correct about NITI Aayog?

 NITI Aayog was formed in 2016

 NITI Aayog comes under Ministry of commerce and
industry
 The full form of NITI Aayog is National Institute for
Technical Initiatives
 NITI Aayog is a policy think tank of the Govt. of India
 Quiz
 Who among the following is not part of the Governing
Council of NITI Aayog?

 All chief ministers of state

 Chief Minister of Delhi
 Governors of states
 Lieutenant Governor of Andaman and Nicobar Island
Topic
 Economic Environment of Business
 Human Development
 Learning Outcome
 To develop the ability to identify the reasons for low HDI in
India
Meaning
 Human development is defined as the process of
enlarging people's freedoms and opportunities and
improving their well-being.
 Human development is about the real freedom ordinary
people have to decide who to be, what to do, and how to
live
 Discussion
 https://www.youtube.com/watch?v=L9gQY0tIn4o
Features of Human Development
 Equity
 Sustainability
 Productivity
 Empowerment
Evolution
 Concept developed by Theodore Schultz.
Human being as such is not a resource; it
becomes a resource only if it is trained ,
developed and allocated to productive work.
Peter Drucker.
HDI
 UNDP Human Development Report Office also
publishes an annual Human Development Report
(since 1990) to measure and analyse developmental
progress.
 India ranks 129 in UN's human
development index 2019
 https://www.thehindubusinessline.com/economy/india-
moves-up-one-rank-129-in-human-development-index/
article30249584.ece
 HDI
 Country Human Development Index
 New Zealand 0.921 1
 United Kingdom 0.92 2
 United States 0.92 3
 Belgium 0.919 4
 India 0.645 131
Why HDI of India is
low?
Components of Human Development
Index
Contd…
How to attain Human Development

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Challenges for India
 Unequal distribution of income
 Higher gender discrimination
 Child Malnutrition
 Inadequate implementation of government policies
Quiz
 What is the rank of India in HDI in 2018
A. 100
B. 150
C. 200
D. 129
 What are the three parameters of HDI?
A. Education, Health, Employment
B. Education, Health, Per capita income
C. Defence, Health, Per capita Income
D. None of these