World Bank’s Human Capital Index 2020

  • IASbaba
  • September 30, 2020
  • 0
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World Bank’s Human Capital Index 2020

Part of: GS Prelims and GS-III – Human Resources

In news

  • Recently, the World Bank released the Human Capital Index (HCI) report for 2020. 
  • India has been ranked at the 116th position in the HCI 2020.
  • Last year India was ranked 115 out of 157 countries. 
  • India’s score increased to 0.49 in 2020 from 0.44 in 2018.

Key takeaways

  • Parameters Used in HCI: Health and education data of children for 174 countries up to March 2020. 
  • It covers 98% of the world’s population.
  • 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.
  • More than 1 billion children have been out of school and could lose out, on average, half a year of schooling.
  • It has created significant disruptions to essential health services for women and children, with many children missing out on crucial vaccinations.
  • It has increased income inequality, its economic impact has been particularly deep for women and for the most disadvantaged families, leaving many vulnerable to food insecurity and poverty.

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