World Bank's 1st Human Capital Index: India lower than Bangladesh, Nepal; Finance Ministry rejects report

-The Indian Express

In a statement, the Finance Ministry said the HCI score for India does not reflect the key initiatives that are being taken for developing human capital in the country.

The World Bank on Thursday released its first report on Human Capital Index (HCI), which placed India at the 115th position, lower than Nepal, Sri Lanka, Myanmar and Bangladesh.

Singapore topped the poll after it was highly rated for its universal healthcare system, education exams results and life expectancy figures, as per the HCI released by the World Bank. It is followed by South Korea, Japan, Hong Kong and Finland. The report ranked 157 economies on parameters like child mortality, health and education. In a statement, the Finance Ministry said the HCI score for India does not reflect the key initiatives that are being taken for developing human capital in the country.

“The Samagra Shiksha Abhiyan has been launched to focus on access and quality of education for the benefit of 197 million school children.

“Through the Ayushman Bharat Programme, India has now launched the world’s largest Health Insurance initiative providing 500 million citizens with adequate health coverage, and transforming 150,000 Health Centres into Wellness Centres to provide comprehensive primary healthcare services,” it said. Pradhan Mantri Ujjwala Yojana has reduced drudgery and improved the health of about 38 million women by providing them with LPG connection to replace firewood and coke based cooking stoves, it added.

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The Indian Express, 12 October, 2018, https://indianexpress.com/article/business/world-banks-1st-human-capital-index-india-lower-than-bangladesh-nepal-finance-ministry-rejects-report-5398232/

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