In­dia ranked 103rd on hu­man cap­i­tal in­dex

Financial Chronicle - - PLAN, POLICY -

IN­DIA has been placed at a low 103 rank, the low­est among BRICS economies, on the WEF’s global hu­man cap­i­tal in­dex (HDI), which has been topped by Nor­way. In­dia was ranked 105th on this list last year, while Fin­land was on the top, which has pushed by Nor­way to sec­ond place this year.

In­dia also ranks “among the low­est in the world” when it comes to the em­ploy­ment gen­der gap, but has fared well when it comes to de­vel­op­ment of skills needed for the fu­ture with a rank of 65 out of to­tal 130 coun­tries sur­veyed.

The list com­piled by Geneva-based World Eco­nomic Fo­rum (WEF) takes into ac­count “the knowl­edge and skills peo­ple pos­sess that en­able them to cre­ate value in the global eco­nomic sys­tem" to mea­sure the ‘hu­man cap­i­tal’ rank of a coun­try.

The WEF said In­dia is ranked lower than its BRICS peers, with Rus­sian Fed­er­a­tion placed as high as 16th place, fol­lowed by China at 34th, Brazil at 77th and South Africa at 87th place.

Among the South Asian coun­tries also, In­dia was ranked lower than Sri Lanka and Nepal, al­though higher than neigh­bour­ing Bangladesh and Pak­istan.

Other coun­tries in the top 10 in­clude, Switzer­land (3rd), the US (4th), Den­mark (5th), Ger­many (6th), New Zealand (7th), Swe­den (8th), Slove­nia (9th) and Aus­tria (10th).

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