The World Economic Forum (WEF) on 13 May 2015 released the Human Capital Report 2015 in Geneva, Switzerland.
The WEF prepared the report in collaboration with Mercer, an American global human resource and related financial services consulting firm.
The report elaborates the status of different countries across the world on the Human Capital Index and provides key inputs for policy makers to augment capacities of human capital in 124 countries it has surveyed.
Import findings of The Human Capital Report 2015
The Human Capital Index was developed using two horizontal themes--Learning and Employment running across five vertical age group pillars viz., Under 15, 15–24, 25–54, 55–64, and 65 and Over covering 46 indicators.
Top ten Countries in the Human Capital Index
New Zealand (8)
The Netherlands (9)
Bottom ten Countries in the Human Capital Index
Burkina Faso (116)
Cote d Ivoire (117)
India’s position in the Human Capital Index
• India occupied the 100th position among the 124 countries surveyed in the Index.
• In the Asia-Pacific region it is placed behind Sri Lanka (60), China (64), Indonesia (69), Iran (80), Bhutan (87) and Bangladesh (99).
• In the learning category , It has secured 67th, 98th, 109th, 115th and 114th position in the Under 15, 15–24, 25–54, 55–64, and 65 and Over categories respectively.
• It has ranked poorly also on the labour force participation rate due to its large informal sector.
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When: 13 May 2015