WORLD BANK’S HUMAN CAPITAL INDEX 2020

WORLD BANK’S HUMAN CAPITAL INDEX 2020

Context

India has been ranked at the 116th position in the latest edition of the World Bank’s annual Human Capital Index.

Details

• As per the Human Capital Index report released by the World Bank, India’s score increased to 0.49 from 0.44 in 2018,
• The Index update includes health and education data for 174 countries, which covers 98 percent of the world’s population  up to March 2020.
• It also provides a pre-pandemic baseline on the health and education of children, with the biggest strides made in low-income countries.

Initiatives by India to Strengthen Human Capital

• Ayushman Bharat Yojana
• National Education Policy
• Atmanirbhar Bharat Yojana
• TULIP: The Urban Learning Internship Program
• Samagra Shiksha

About World Bank

• It is an international financial institution that provides loans and grants to the governments of poorer countries for the purpose of pursuing capital projects.
• It comprises two institutions: the International Bank for Reconstruction and Development, and the International Development Association.

Other Reports Published by World Bank

• Global Economic Prospects
• Ease of Doing Business
• World Development Report