Washington: India ranks 116th in the latest edition of the World Bank’s annual Human Capital Index. This index evaluates the major components of human capital in countries. According to the Human Capital Index Report released on Wednesday by the World Bank, India’s score has increased from 0.44 in 2018 to 0.49 in 2020.
The Human Capital Index 2020 included health and education data for 174 countries. These figures are as of March 2020, after which the outbreak of the corona virus epidemic increased rapidly. Analysis shows that before the epidemic, most countries made steady progress in building children’s human capital, and especially in low-income countries. However, despite this progress, a child in an average country can expect to achieve only 56 percent of its potential human development potential relative to education and health standards.
David Malpas, Group President of the World Bank, said, “The decade’s progress in building human capital has put the epidemic at risk, including health, life expectancy, school enrollment and malnutrition.” The economic outbreak of the epidemic has been particularly high for women and the most disadvantaged families, causing many families to suffer food insecurity and poverty. ” According to the report, it is important to protect people and invest for them as countries are laying the foundation for a sustainable and inclusive development.