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| Article Name : | | | HUMAN DEVELOPMENT INDEX AND ITS IMPACT ON THE ECONOMIC DEVELOPMENT OF INDIA | | Author Name : | | | Manav Singh | | Publisher : | | | Ashok Yakkaldevi | | Article Series No. : | | | ROR-789 | | Article : | |  | Author Profile | | Abstract : | | | “People are the real wealth of a nation. The basic objective of development is to create an enabling environment for people to enjoy long, healthy and creative lives, this may appear to be a simple truth, But it is often forgotten in the immediate concern with the accumulation of commodities and financial wealth “UNDP (1990: :9)” Despite being the fastest growing economy in the world, after China, India has shown a slow progress in its ranking among countries on the Human Development Index. According to UNDP's, HDI report, 2009 India is placed at 134th out of 182 countries, which is below average among other medium HDI countries such as China, Sri Lanka and Thailand. The top five countries in 2010 HDI Ranking of 169 countries, are Norway, Australia, New Zealand , USA & Ireland. Roads Railway, ports, aviation, telecommunication etc without the development of human beings are a big failure, its like a beautiful polished, well equipped, furnished palace with termites stuck to it, the resultant is known to all “Collapse”. Developing Countries are strongly committed to the programme of constructing roads, dams, power houses, factories, pertaining to light and heavy industries, hospital and a hosts of other activities associated with development planning, for this they need engineers, technicians, technical supporters managerial and administrative personnel, scientist, doctors, nurses, veterinarians, agronomist, accountants, statisticians, economist, secretaries, stenographers, teachers etc. If there is a dearth of this varied type of human capital, physical capital cannot be productively utilised as a result, machines break down and wear out soon, materials and components are wasted and the quality of production falls. There are three dimensions and four indicators to human development:- Health, Education & Living standard, Life expectancy at birth, mean years of schooling, expected years of schooling and GNP, per capita respectively. | | Keywords : | | - GNP per capita
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