India ranks 116 in World Bank's human capital index
Washington: India has been ranked at the 116th position in the latest edition of the World Bank's annual Human Capital Index that benchmarks key components of human capital across countries.
However, India's score increased to 0.49 from 0.44 in 2018, as per the Human Capital Index report released by the World Bank on Wednesday.
The 2020 Human Capital Index update includes health and education data for 174 countries covering 98 per cent of the world's population up to March 2020, providing a pre-pandemic baseline on the health and education of children, with the biggest strides made in low-income
The analysis shows that pre-pandemic, most countries had made steady progress in building human capital of children, with the biggest strides made in low-income countries.
Despite this progress, and even before the effects of the pandemic, a child born in a typical country could expect to achieve just 56 per cent of their potential human capital, relative to a benchmark of complete education and full health, the Bank said.
"The pandemic puts at risk the decade's progress in building human capital, including the improvements in health, survival rates, school enrollment, and reduced stunting.
The economic impact of the pandemic has been particularly deep for women and for the most disadvantaged families, leaving many vulnerable to food insecurity and poverty," said World Bank Group President David Malpass.
Protecting and investing in people is vital as countries work to lay the foundation for sustainable, inclusive recoveries and future growth.