In World Bank’s first Human Capital Index (HCI) report, India has been placed at the 115th position. It’s rank is lower than that of Bangladesh, Myanmar Nepal and Sri Lanka.
The report has constructed the index for 157 countries and aims at measures the amount of human capital that a child born today can expect to attain by age 18.
It conveys the productivity of the next generation of workers compared to a benchmark of complete education and full health.
The report has taken into consideration five indicators: the probability of survival to age five, a child’s expected years of schooling, harmonized test scores as a measure of quality of learning, adult survival rate (fraction of 15-year olds that will survive to age 60), and the proportion of children who are not stunted.
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According to the report, the state of Human Capital in India is:
The report also mentions that the HCI for girls is higher than for boys in India.
On the other hand, Singapore topped the poll followed by South Korea, Japan, Hong Kong and Finland.
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