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NEWS IMPULSE – HUMAN CAPITAL INDEX 2020 | 18 SEPTEMBER

/ September, UPSC Daily Current Affairs

SOURCE – THE HINDU

GS PAPER – 3

CONTEXT – India ranks 116 on human capital index

HUMAN CAPITAL INDEX

  • The Human Capital Index is a report prepared by the World Bank.
  • The Index measures which countries are best in mobilizing the economic and professional potential of its citizens.
  • The index measures how much capital each country loses through lack of education and health
  •  India’s score increased to 0.49 from 0.44 in 2018, according to the Human Capital Index report released by the World Bank
  • It 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 countries
  • pre-pandemic, most countries had made steady progress in building human capital of children, with the biggest strides made in low-income countries
  • 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

 World Bank is trying to work to restart the learning process, including by helping countries secure access to equipment, assisting in reopening, and with distance learning.