India Low in Personal Freedom, High on Life Satisfaction

By SiliconIndia   |   Wednesday, 28 December 2011, 14:15 Hrs   |    1 Comments
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Bangalore: India ranked low in most domains in the Legatum Prosperity Index, but it fared pretty well on the Average Life Satisfaction ranking 10th among the 110 countries. Though the current living standards are low in India, the population is optimistic about their economic future. India is also noted to perform poorly in healthcare and human capital sector. The individual freedom of the country was seen to be limited while family and religion are important factors in the Indian society. India is seen to have a well-regulated and stable democratic structure. As for the safety, it is noted that threats arise from political violence and crime.

India ranked 91st on the Legatum Prosperity Index. The index aims at measuring the prosperity in 110 countries which accounts for more than 90 percent of the world population. The Index defines prosperity as both wealth and wellbeing where it was found that the nations that have a high GDP are not necessarily most prosperous. It also takes into consideration the nations that have happy, healthy, and free citizens. The index was measured under eight main criteria’s namely – Economy, Entrepreneurship and Opportunity, Governance, Education, Health, Safety and Security, Personal Freedom and Social Capital.

Zambia, Kenya, Mozambique, Nigeria, Sudan, Yemen, Pakistan, Ethiopia, Zimbabwe and Central African Republic were seen in the bottom 10 of the list. Kenya, Pakistan, Yemen and Ethiopia were seen having weak performance in all eight streams. Central African Republic ranked 79 in personal freedom. Nigeria, Sudan and Zimbabwe ranked 54, 39 and 78 respectively in social capital. Mozambique ranked 77 in both economy and governance. Zambia ranked 75 and 63 in the governance and social capital domains respectively.

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