India ranked 105th out of 130 countries on Global Human Capital Index

According to Human Capital Index, India ranked at 105^th position globally among 130 countries and topped by Finland

Criteria: Nations ability to nurture, Develop and organize talent for Economic Growth

Released by: World Economic Forum, Geneva

Ranking:        

• 1^st Position – Finland
• 2^nd Position – Norway
• 3^rd Position – Switzerland
• 4^th Position – Japan
• 5^th Position – Sweden
• 6^th Position – New Zealand
• 7^th Position – Denmark
• 8^th Position – The Netherlands
• 9^th Position – Canada
• 10^th Position – Belgium

India’s ranking:

• India ranks much below than China, Bangladesh, Bhutan and Sri Lanka
• In 2015, India ranked 100^th rank
• India has optimized 57% of its human Capital endowment
• Youth Literacy rate has been reached at 90% only while India’s Educational system has enhanced markedly over the various age groups
• India ranks poorly on labour force participation because of employment gender gaps

 Position of India in various categories:

• Quality of Education System: 39^th Position
• Ease of finding skilled employees: 45^th Position
• Staff Training: 46th Position
• Youth literacy rate: 103^rd Position
• Employment gender gaps: 121st Position

Key Aspects:

• India had the largest share in the Global distribution of tertiary degree holder in Science, Technology, Engineering and Mathematics after China
• Only 65% of the world’s talent is being optimized through education, skills development and deployment
• The adaptation of educational institutions, labour market policy and workplaces are essential to growth, equality and social stability
• Countries ranked below India include Nepal, Myanmar, Haiti, Malawi and Burundi and Pakistan

About the World Economic Forum:

Swiss nonprofit foundation

• Headquarters: Geneva, Switzerland
• Founder: Klaus Schwab
• Founded: 1971