Thursday, June 12, 2025 | 10:27 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Without income and gender equality, India can't achieve growth target

If India plans to double its economy to $5 trillion by 2022 and grow at 8% per year as he predicted, it will need to invest more in health and education

growth
premium

Swagata Yadavar I IndiaSpend

India lags many of its south Asian neighbours on the human development index (HDI) primarily because of inequalities, said a recent report by the United Nations Development Fund. These inequalities, in turn, hamper India’s economic growth.

India ranked 130 out of 189 countries on the 2018 HDI index with a score of 0.640 which places it in the “medium” category of development. It fared worse than Sri Lanka (HDI 0.77, rank 76) and China (0.75, 86) but better than Pakistan (0.56 and 150), Nepal (0.57, 149) and