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UNDP-United nations development programme presents human development report anually and determines the HDI-human development index for this criterion used like literacy levels ,average life expectancy, percapita income are taken into consideraton besides this based on percapita income it determines the economic levels of a country for examplecountries with percapita income of about US$12,600 or above regarded as high income group countries
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Yes, UNDP plays a vital role in shaping Indian economy.It compares countries based on aspects not only related to economy but also related to development .
As we can say that with the development of a country the economy also increases in the same way India's economy also increases .By also being a member nation in UNDP  we can say that it surely plays a vital role in the shaping of Indian economy.

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