According to the Index, which is a “global barometer of individuals’ perceptions of their own well-being”, Indians’ average ratings of their own lives have been slowly declining. Only a fifth (21%) think they are financially thriving, while 49% are struggling. Asked whether they like what they are doing, 16% say they are thriving, which is higher than the regional average, but is lower than the global average. 49% are struggling on social indicators. The silver lining is the performance on community indicators where 33% are said to be thriving, which is higher than the regional and global average. However, with increasing urban migration leading to large and densely-populated slum clusters in cities, even this element takes a hit in urban populations (25%) against rural ones (35%).
The metrics used to measure global well-being levels are broadly defined as:
- Purpose: Liking what you do each day and being motivated to achieve your goals
- Social: Having supportive relationships and love in your life
- Financial: Managing your economic life to reduce stress and increase security
- Community: Liking where you live, feeling safe, and having pride in your community
- Physical: Having good health and enough energy to get things done daily