Question: What is the position of India in the ‘Global Human Capital Report-2017’ released by the World Economic Forum (WEF)?
(a) 95th
(b) 103th
(c) 85th
(d) 60th
Answer: (b)
Related facts:
- On September 13th, 2017, the ‘Global Human Capital Report’ -2017 was released by the World Economic Forum (WEF) in Geneva.
- The Global Human Capital Index 2017 ranks 130 countries on how well they are developing their human capital on a scale from 0 (worst) to 100 (best).
- The measurement is based on four thematic dimensions and five distinct age groups to capture the full human capital potential profile of a country.
- Four thematic dimensions are:
I. Capacity, largely determined by past investment in formal education;
II. Deployment, the application and accumulation of skills through work;
III. Development, the formal education of the next generation workforce and continued upskilling and reskilling of existing workers; and
IV. Know-how, the breadth and depth of specialized skills-use at work. - Five distinct age groups or generations: 0-14 years; 15-24 years; 25-54 years; 55-64 years; and 65 years and over.
- Under this to measure the human capital rank of any country, the level of knowledge and skill of the people of that country to make a significant contribution in the global financial system is kept in mind.
- In the Global Human Capital Report-2017, Norway (Score 77.12) is at the top.
- Norway is followed by Finland (Score: 77.07), Switzerland (Score: 76.48), America (Score: 74.84) Denmark (Score: 74.40) respectively.
- Yemen (Score-35.48) is ranked in the bottom at the 130th position in this report.
- Martania (score-41.19) is at 129th place, Senegal (score-43.33) at 128th, Ethiopia (score-44.44) at 127th and Mali (score -46.02) at 126th place.
- India is at 103rd place in the Global Human Capital Report, with the score of 55.29.
- While the last year India was at the 105th place in this index.
- Amongst neighboring countries of India, China is ranked 34th, Sri Lanka is 70th, Nepal 98th, Bangladesh 111th and Pakistan 125th.
Reference:
https://www.weforum.org/reports/the-global-human-capital-report-2017
http://reports.weforum.org/global-human-capital-report-2017/press-release/
http://www3.weforum.org/docs/WEF_Global_Human_Capital_Report_2017.pd