Analyzing India's Global Standing: A Comparative Study of HDI, GHI, World Bank, IMF, and More
Analyzing India's Global Standing: A Comparative Study of HDI, GHI, World Bank, IMF, and More
Analyzing India's Global Standing: A Comparative Study of HDI, GHI, World Bank, IMF, and More
Standing: A Comparative
Study of HDI, GHI, World
Bank, IMF, and More
Introduction
• India’s GHI scores have improved, but it remains in the “serious” or “alarming”
categories.
• Key indicators include undernourishment, child wasting, stunting, and mortality.
Initiatives:
• National Food Security Act (NFSA) ensures subsidized food grains for vulnerable
populations.
• Integrated Child Development Services (ICDS) provides nutrition and health
services to children and mothers.
• Mid-Day Meal Scheme offers hot meals in schools to improve nutrition and
attendance.
• Poshan Abhiyaan aims to reduce malnutrition through a convergence-based
approach.
• Public Distribution System (PDS) distributes subsidized food grains.
• Community-based interventions and awareness programs complement
government efforts.
World Bank
India’s relationship with the World Bank has been pivotal for its development:
1. Infrastructure and Social Sector: World Bank-funded projects have bolstered India’s
infrastructure and social sectors, improving connectivity, healthcare, and education.
4. Policy Reforms and Capacity Building: The World Bank has provided technical expertise
and policy advice, aiding governance effectiveness and public service delivery.
International Monetary Fund (IMF)
GHI Scores:
• India’s GHI scores have improved, but it remains in the “serious” or “alarming”
categories.
• Key indicators include undernourishment, child wasting, stunting, and mortality.
Initiatives:
• National Food Security Act (NFSA) ensures subsidized food grains for vulnerable
populations.
• Integrated Child Development Services (ICDS) provides nutrition and health services
to children and mothers.
• Mid-Day Meal Scheme offers hot meals in schools to improve nutrition and
attendance.
• Poshan Abhiyaan aims to reduce malnutrition through a convergence-based
approach.
• Public Distribution System (PDS) distributes subsidized food grains.
• Community-based interventions and awareness programs complement government
efforts.
Comparison with BRICS Nations
1. Economic Importance: India ranks third in GDP among BRICS countries, contributing to the bloc’s
economic strength.
2. Trade and Investment: India’s trade relations with other BRICS nations are expanding, fostering
economic cooperation and investment partnerships.
3. Development Cooperation: India participates actively in development initiatives within BRICS,
focusing on infrastructure, sustainability, and capacity building.
4. Political Influence: As a major regional power, India wields political influence within BRICS,
advocating for issues like multilateralism and global governance reform.
5. Strategic Partnerships: India collaborates with other BRICS members on defense, security, and
diplomatic fronts, contributing to regional stability and addressing common challenges.
Trade and Investment
• India maintains robust trade and investment relationships with major global players like the
United States, China, the European Union, and the Middle East.
• India’s expanding middle class and youthful population make it an attractive market for
consumer goods and services, driving both domestic and international trade.
• These factors collectively position India as a key player in the global economy with
substantial growth potential.
Challenges and Opportunities
Opportunities: Challenges:
1. Growing Domestic Market 1. Trade Imbalances
2. Technology and Innovation
3. Strategic Partnerships
2. Infrastructure Deficit
4. Export Diversification 3. Regulatory Hurdles
5. Infrastructure Development 4. Skill Mismatch
6. Skilled Workforce 5. Global Uncertainties
Sustainable Development Goals
(SDGs)
India has made progress towards achieving the Sustainable Development Goals
(SDGs):
1. Poverty and Inequality: Efforts like MGNREGA and social welfare programs aim to
reduce poverty and inequality, but challenges persist.
3. Healthcare and Education: Programs like NHM and SSA improve healthcare and
education outcomes, yet challenges remain, especially in rural areas.
4. Gender Equality: Policies and initiatives promote gender equality and women’s
empowerment.
1. Geopolitical Dynamics: Its role in the Indo-Pacific region and engagement with major
powers.
2. Economic Growth: Continued growth will enhance its influence in global economic
policies.
3. Regional Leadership: Active engagement in South Asia and regional organizations will
strengthen its leadership.
4. Multilateral Engagement: Participation in forums like the UN and G20 will shape
international agendas.
5. Soft Power: Cultural diplomacy and technological prowess will boost its global image
and influence.
Conclusion