Human Capital Index: South Asia
This is a collection of articles archived for the excellence of their content. |
2015
The Times of India, May 15 2015
India ranks 100th on human capital index
India has been ranked at a lowly 100 position on the global Human Capital Index, which measures countries on development and deployment of human capital. Finland has topped the 124-nation list.
WEF said the list has been compiled on the basis of 46 in dicators about “how well countries are developing and deploying their human capital, focusing on education, skills and employment“.
On India, the report said that although the educational attainment has improved markedly over different age groups, its youth literacy rate is still only 90%, well behind the rates of other emerging economies. “India also ranks poorly on labour force participation rate due to its large informal sector,“ WEF added.
Among BRICS nations, Russia comes on the top at 26th position, followed by China (64), Brazil (78) and South Africa (92).
WEF said 14 countries have reached 80% human capital optimisation while 38 score 7080%. An additional 40 countries are somewhere between 60% and 70% while 23 countries score 50-60% and nine remain below the 50% mark.
In Asia and the Pacific the spread between the highest and lowest performing countries is among the widest.
After Japan, the best-performing countries are New Zealand (9), Australia (13) and Singapore (24) while Nepal (106), Myanmar (112) and Pakistan (113) occupy the lowest positions.
