World Bank’s first Human Capital Index report puts India behind Nepal, B’desh, GoI rejects report

In its first report on Human Capital Index (HCI), the World Bank has placed India at the 115th spot which is lower than Nepal, Sri Lanka, Myanmar and Bangladesh, reported the Indian Express. 

However the Finance Ministry of India has rejected the report saying that HCI score for India does not reflect the key initiatives that are being taken for developing human capital in the country.

Singapore is on the top as it was rated highly ts universal healthcare system, education exams results and life expectancy figures. It is followed by South Korea, Japan, Hong Kong and Finland. The report ranked 157 economies on parameters like child mortality, health and education.

“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.

“The Government of India, therefore, has decided to ignore the HCI and will continue to undertake its path breaking programme for human capital development aiming to rapidly transforming quality and ease of life for all its children,” it said. The Finance Ministry statement said the government has taken various initiatives for transforming human capital in India touching lives of millions of people living in rural and tribal areas.

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