Human Capital index
- September 18, 2020
- Posted by: OptimizeIAS Team
- Category: DPN Topics
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.
- 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
- India’s score increased to 0.49 from 0.44 in 2018, as per the Human Capital Index report released by the World Bank.
- The HCI has three components:
- Survival, as measured by under-5 mortality rates
- Expected years of Quality-Adjusted School which combines information on the quantity and quality of education: quality is measured by harmonizing test scores from major international student achievement testing programs and quantity from the number of years of school that a child can expect to obtain by age 18 given the prevailing pattern of enrolment rates across grades in respective countries
- Health environment is measured by adult survival rates and the rate of stunting for children under age 5.