Social Progress Index 2022 - PIB - 24/12/22

Context:
Recently, the Social Progress Index (SPI) for States and Districts of India was released by the Economic Advisory Council to the Prime Minister (EAC-PM). The SPI was compiled by the Institute for Competitiveness and Social Progress Imperative.
The report also dwells on India's performance (ranked 110 out of 169 nations) based on the global SPI 2022 that is brought out by Social Progress Imperative since 2013.
Relevance:
GS2
About:
EAC-PM:
-It is an independent body constituted to give advice on economic and related issues to the Prime Minister.
-EAC-PM is responsible for analysing and advising the Prime Minister on any issue of macroeconomic importance that the Prime Minister refers to.

-SPI is a comprehensive tool that can serve as a holistic measure of a country's social progress at the national and sub-national levels. The report aims to provide a systematic account of the social progress made at all levels in the country.
The index uses an extensive framework comprising 89 indicators at the state level and 49 at the district level.

-Assessment Components:
The index assesses states and districts based on 12 components across three critical dimensions of social progress

->Findings of the Index:
-Highest SPI Score: Puducherry
-Lowest SPI Score: Jharkhand and Bihar
-Basic Human Needs: Goa, Puducherry, Lakshadweep, and Chandigarh are the top four states with the best performance in water, sanitation and shelter.
-Foundations of Wellbeing: Mizoram, Himachal Pradesh, Ladakh, and Goa have emerged as the best-performing states for the Foundations of Wellbeing.

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