Hi,
The living standards will depend on where you live - you can live very well in Kampala, while life in the villages is very basic, for example.
Outside of Kampala there are very few schools for non-Ugandans, but if you are in Kampala there are several international schools. In addition, a lot of expats people homeschool their children.
The level of safety in most areas of Uganda is fine, the aspects to be aware of are malaria and the dangerous level of driving!
There are many Indian people here and so I expect there would be a good network for you.
Best wishes!