India ranks at 103 in Human Capital Index -Who is at No. 1?

India has been placed at a very low 103 rank among the list of 130 countries,which is the lowest among BRICS economies, on the Geneva-based World Economic Forum (WEF) Global Human Capital Index.
India ranks at 103 in Human Capital Index -Who is at No. 1?
Courtesy-Economic Times

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.
India stands at the bottom of the list among the G20 nations, which is also the lowest among BRICS nations, and stands in a corner even in South Asia.
India was ranked 105th on same list last year, while Finland was on the top which has pushed by Norway to second place this year.So presently Norway is at the top.
Among the South Asian countries also, India was ranked lower than Sri Lanka and Nepal, although higher than neighbouring Bangladesh and Pakistan.

WEF said-
India ranks 118 for labour force participation among the key 35-54 year old demographic, suggesting far too many Indians are engaged in informal or subsistence employment.

Other countries in the top 10 include
2.United Kingdom
4.United States
7.New Zealand

What is Human Capital?
Human capital refers to stock of skill ,knowledge and enterprise etc embodied in person. Human capital can be strengthened through Human capital formation which is increasing the people's knowledge and skill by making them more educated and healthy.It can be divided into two- 1.Physical capital-All the input put for the further production like Machinery, tools etc are known as physical capital.
2.Human capital

India ranks 103rd of 130 countries, behind the likes of Sri Lanka and Nepal
India’s performance in the Global Human Capital Index 2017 | Infographic by Neera Majumdar/ThePrint

What is Human Capital Index?
Human Capital Index is a statistic of life expectancy, education, and per capita income indicators, which are used to rank countries into four tiers of human development.

Source-Economic Times,The Print,Timesofindia,Wikipedia
India ranks at 103 in Human Capital Index -Who is at No. 1? India ranks at 103 in Human Capital Index -Who is at No. 1? Reviewed by Saurabh Jadhav on September 14, 2017 Rating: 5
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