INDICATORS OF GROWTH AND DEVELOPMENT — Economics STD 12 Commerce — Question
Gujarat BoardEnglish MediumSTD 12 CommerceEconomicsINDICATORS OF GROWTH AND DEVELOPMENT3 Marks
Question
State the limitations of Human Development Index.
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Answer
Limitations of $HDI:$
$HDI$ includes only three social indicators. It should also include other social indicators.
All three indicators are given equal weightage. But in reality, with respect to time and situation different indicators may have different importance.
Human Development Index is not an absolute expression. Since it compares one country with the other it shows relative progress. So, one cannot say how far has India developed individually by studying the $HDI.$
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