May 15 2015 : The Times of India (Delhi)
India ranks 100th on human capital index
Geneva:
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Finland Tops List Of 124 Countries
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.In the top 10 of the list, compiled by the World Economic Forum, Finland is followed by Norway , Switzerland, Canada, Japan, Sweden, Denmark, the Netherlands, New Zealand and Belgium.
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.
The countries ranked above India include France (14th rank), the US (17), the UK (19) and Germany (22). Among BRICS nations, Russia comes on the top at 26th position, followed by China (64), Brazil (78) and South Africa (92). The countries with a better score than India also include Kazakhstan, Armenia, Kyrgyz Republic, Chile, the Philippines, Serbia, Mongolia, the UAE, Macedonia, Azerbaijan, Tajikistan, Mauritius, Barba dos, Brazil, Guatemala, Honduras, Cambodia and Tunisia.
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. After China and India, Indonesia takes the 69th slot. Iran is ranked 80th. PTI
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.
The countries ranked above India include France (14th rank), the US (17), the UK (19) and Germany (22). Among BRICS nations, Russia comes on the top at 26th position, followed by China (64), Brazil (78) and South Africa (92). The countries with a better score than India also include Kazakhstan, Armenia, Kyrgyz Republic, Chile, the Philippines, Serbia, Mongolia, the UAE, Macedonia, Azerbaijan, Tajikistan, Mauritius, Barba dos, Brazil, Guatemala, Honduras, Cambodia and Tunisia.
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. After China and India, Indonesia takes the 69th slot. Iran is ranked 80th. PTI
