Tuesday 17 January 2017

In Inclusive Development Index , India ranks 60th


Welcome all the readers , daily current affairs respects all of you.

So you all wanna know what is the recent affair going on , so let us tell you -

India has been ranked 60th among all 79 developing countries in 2017 IDI i.e Inclusive Development Index which comes out from World Economic Forums (WEF) " Inclusive growth and development report".

It becomes annoying 😬 when we are reading an article and fails in understanding most of words.

But hey all , don't worry you are on dailycurrentaffairs69.blogspot.com  , here we will mention all the words and organisations who are not aware off.

What is Inclusive Development index?



The inclusive development index is based on 12 performance indicators. These 12 indicators provides a more complete measure and analysis of economic development than GDP growth.
This index has 3 pillars -

  1. Growth and development
  2. Inclusion and intergenerational Equity
  3. Sustainability
Clearly these 3 pillars helps to rank IDI countries in order to get a list of countries growth.

What is WEF ?



WEF stands for world economic forums which is a Swiss non-profit foundation .  WEF is based in Coligny , Geneva. Its mission is "committed to improving , the state of the world " by engaging political, academic , business and other means.

After knowing what WEF and IDI is , you all readers will now understand this topic more easily , effectively and wisely.

Coming back to the topic , the index is based on 12 performance indicators and all countries are ranked on IDI list based on a scale of 1-7 . It has 3 pillars that I already mentioned you all above.

On the IDI chart , Lithuania scores highest against 79 developing countries. Azerbaijan scores second and Hungary at third . India is placed at 60th position however, the neighbouring countries scored above ranking like nepal which positioned at 27th rank , Pakistan ranks at 52nd , Bangladesh at 36th and most interesting China which scored at 15 rank.

In BRICs countries list , Russia ranks at 13th position , while China and brazil at 30th respectively.

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