105th out of 130 countries, India worse than Bangladesh, Bhutan and Sri Lanka on global human capital index

2

India on Tuesday was ranked considerably low at 105th position globally on a worldwide Human Capital Index, which measures countries’ ability to nurture, develop and deploy talent for economic growth and was topped by Finland.

In 2013 before Prime Minister Narendra Modi assumed office, India was ranked 78th slot on a global Human Capital Index, which ranks countries on the basis of economic potential of their labour force, while Switzerland has topped the ranking.

India, according to a PTI report, ranks much below China’s 71st position while Bangladesh, Bhutan and Sri Lanka are also placed higher on the index released today by Geneva-based World Economic Forum (WEF) in this Chinese city at its Annual Meeting of New Champions — also known as ‘Summer Davos’ summit.

IndianLaborForce_AP

Pakistan ranks further lower at 118th place.

Giving India 105th rank out of the total 130 countries included in the index, WEF said the country has optimised just 57 per cent of its human capital endowment — placing it in the top of the bottom quartile of the Index.

India was ranked 100th last year out of total 124 countries included in the 2015 index.

“Although the country’s educational attainment has improved markedly over the different age groups, its youth literacy rate is still only 90 per cent (103rd in the world), well behind the rates of other leading emerging markets,” it added.

“India also ranks poorly on labour force participation, due in part to one of the world’s largest employment gender gaps (121st).”

On positive side, India has got better rankings on quality of education system (39th), staff training (46th) and ease of finding skilled employees (45th) indicators. This suggests “a primary avenue for improvement for the country consists of expanding access to its numerous learning and employment opportunities”.

The report also showed that India had the largest share in the “global distribution of tertiary degree holders” at nearly 78 million while it was second largest after China on global distribution of recent graduates in STEM subjects (science, technology, engineering and mathematics) at about 2.5 million.

Globally also, an average of only 65 per cent of the world’s talent is being optimised through education, skills development and deployment during people’s lifetimes, WEF said.

Finland, Norway and Switzerland hold the top three positions, utilising around 85 per cent of their human capital. Japan leads when it comes to 55 year-olds and over.

“Today’s transition to the Fourth Industrial Revolution, combined with a crisis of governance, creates an urgent need for the world’s educators and employers to fundamentally rethink human capital through dialogue and partnerships,” said Klaus Schwab, Founder and Executive Chairman of WEF.

“The adaptation of educational institutions, labour market policy and workplaces are crucial to growth, equality
and social stability.”

On the global index, Japan and Sweden have moved up to 4th and 5th places and are followed by New Zealand, Denmark, the Netherlands, Canada and and Belgium in top ten.

Among BRICS countries, India is ranked lowest as against Russia’s 28th, China’s 71st, Brazil’s 83rd and South Africa’s 88th.
Countries ranked below India include Nepal, Myanmar, Haiti, Malawi and Burundi while Mauritania, Yemen, Chad, Nigeria and Mali are placed in the bottom-five with below 50 per cent talent optimisation.

2 COMMENTS

  1. In India- even basic skills like plumbing, carpentry, masonry etc. are out of bound to 119 crore (95%) non-Anglophonic contenders since even these instructions are in English. No system in this universe can possibly teach English to 119 crore and improve their grasp of technical information. Decision makers of India do not want to see the damage being caused for not allowing mass schooling in mother tongue that facilitates easy grasping of required information. Enough proficiency in second and third language- to enable communication of information absorbed in vernacular can be made mandatory- which is already in place but ignored by design to make English a language of livelihood to facilitate all round dominance of Anglo-American west. Under the current system- that by design marginalize vernacular based technical education-Human Capital Index can’t possibly improve.

  2. #BJP’s #modi Government #AchheDin MY FOOT !!!

    So far, the Modi government has done nothing but talk: Jim Rogers
    The trading guru explains why he’s getting disillusioned about India

    https://www.google.co.in/url?sa=t&rct=j&q=&esrc=s&source=web&cd=14&ved=0ahUKEwiMp6OOkMbNAhWKrI8KHaMfDwM4ChAWCCswAw&url=http%3A%2F%2Fwww.livemint.com%2FPolitics%2Ffgtow0fZMi9y61UDwSyfpI%2FSo-far-the-Modi-government-has-done-nothing-but-talk-Jim-R.html&usg=AFQjCNG17ZgdHOQSfdQTKiQnLN4lHK8L1A&sig2=GBsd7CPuUjPq6485K3Z_tg&bvm=bv.125596728,d.c2I

    As a result we find,
    At present this is the Harsh Reality of ALAS India’s #AchheDin , No trace of any HAPPINESS !!!

    India ranks low at 118th on UN’s world happiness index
    PTI Mar 16, 2016, 08.38PM IST

    “… India ranked 118th, down from 117th in 2015….”

    “… “People are happier living in societies where there is less inequality of happiness. They also find that happiness inequality has increased significantly (comparing 2012-2015 to 2005-2011) in most countries, in almost all global regions, and for the population of the world as a whole,” the report said.”

    https://www.google.co.in/url?sa=t&rct=j&q=&esrc=s&source=web&cd=3&ved=0ahUKEwjy0_mk99TLAhVTB44KHa0cDSUQFggnMAI&url=http%3A%2F%2Feconomictimes.indiatimes.com%2Fnews%2Feconomy%2Findicators%2Findia-ranks-low-at-118th-on-uns-world-happiness-index%2Farticleshow%2F51429781.cms&usg=AFQjCNFaXwe5cYf1n9YDxuzgFwCJzRnd4Q&sig2=nNo3AXyRVU_sLOigixlBIg&cad=rjt

    India comes below nations like Somalia (76), China (83), Pakistan (92), Iran (105), Palestinian Territories (108) and Bangladesh (110).

    India had ranked 111th in 2013.

    SHAME on if any votes for #Preposterous #BJP again >>>

    https://youtu.be/156WBCIuqo8

    #JagoIndia >>>

LEAVE A REPLY