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The index which combines social indicators of the life expectancy and literary with a measure of basic income adjusted to reflect purchasing power sufficient to raise the people above the poverty line is called
Basic Needs Index
Purchasing Power Index
Human Development Index
Welfare Index
The index which combines social indicators of the life expectancy and literary with a measure of basic income adjusted to reflect purchasing power sufficient to raise the people above the poverty line is called Human Development Index. The HDI was developed by the Pakistani economist Mahbub ul Haq, often framed in terms of whether people are able to "be" and "do" desirable things in their life, and was published by the United Nations Development Programme.
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