India fares poorly in global talent competitiveness index

India ranks behind countries like Rwanda, Botswana and Colombia

GN Bureau | January 16, 2017


#BRICS   #Global Talent Competitiveness Index   #Singapore   #Rwanda  
Representational image
Representational image

India stood 92nd in the latest rankings of the global talent competitiveness index. Switzerland topped the rankings, with Singapore coming second. United Kingdom was in the third position.

The report accompanying the rankings said that India’s information technology (IT) sector is already witnessing jobless growth, paralleling the recently publicised downside of the tech boom in the United States—not enough jobs.

It said that within the group of upper-middle-income countries, BRICS countries are not getting stronger. In recent years, we have witnessed a cooling off in the growth of emerging markets, and the big emerging countries are among those that had decelerated the most. Indeed, we note the relative decline in the talent competitiveness of the BRICS, especially in Brazil (81st versus 67th in 2015–16) where scores decline all round, particularly in terms of growing talent—the pool of Global Knowledge Skills (76th) is still limited compared with developed countries, even though universities in Brazil rank high in quality.

China (54th versus 48th in 2015–16) and India (92nd versus 89th in 2015–16) slip somewhat. Although China attains an impressive 4th place in the sub-pillar of Talent Impact and is solid in the Grow pillar— mainly supported by good Formal Education (23rd) and Lifelong Learning (20th), the shortage of Vocational and Technical Skills shows up clearly. India counts on a relatively solid pool of Global Knowledge Skills (66th), at least compared with other emerging markets, but the country is not able to retain, let alone attract, talent (where it ranks 104th and 114th, respectively). This is not likely to improve until India boosts performance in its Regulatory (94th) and Market (99th) Landscapes, the report added.

The report noted that Overall, a challenge for countries such as China and India is to attract talent from abroad, particularly in the context of large emigration rates of high-skilled people (with India being more at risk of brain drain despite the connection with the diasporas working in the information technology sector).

Without doubt, the improvement of India would have the greatest impact in terms of the pool of talent not only in this region but also globally.
Emerging and developing countries such as Mexico, Indonesia, and India may have to rethink their growth models and invest in upskilling the workforce, it added.

Read: Global Talent Competitiveness Index 2017 rankings

 

Comments

 

Other News

BJP lawmakers top the list of hate speech cases

Out of all MPs and MLAs in office, 58 have declared cases related to hate speech. This includes union minister for drinking water and sanitation Uma Bharti along with 14 other Lok Sabha MPs. The list also includes 8 state ministers. A party wise analysis reveals that BJP has the highest numb

After its withdrawal from Meghalaya and Arunachal, is it time to review AFSPA in other areas too?

After its withdrawal from Meghalaya and Arunachal, is it time to review AFSPA in other areas too?

Togadia, Sinha and anti-Modi prejudices masked by empty rhetoric

There is an uncanny similarity in the pathological opposition to prime minister Narendra Modi by two members of the right wing, Pravin Togadia and Yashwant Sinha. They come from a diverse social and political background; yet they share a common strand that shows an unmitigated hatred towards

“We are becoming American digital colonies”

Data is the new oil; and it needs to be protected. In an interaction with Governance Now, Lionel Baraban, CEO of Famoco, talks about how the French tech firm is developing secure business devices to safeguard data against going to other countries. What are the major roles o

Goa Shipyard and MTU, Germany to manufacture MTU engines in India

Goa Shipyard Ltd (GSL) and MTU, Germany have agreed to cooperate in the  local manufacturing of technologically-advanced MTU series 8000 engines in India. Under the agreement, which was signed at India’s leading defence trade show Defexpo-18, the companies will manufacture the 16-

ONGC employees bag 13 medals at the Gold Coast CWG

ONGC sportspersons outshone other participants in their respective categories in the recently concluded Commonwealth Games in Gold Coast, Australia. ONGCians bagged 13 medals including 5 Gold, 3 Silver and 5 Bronze, contributing to the 66 medal tally of Team India. ONGCians Ragala Venkat Rah

Current Issue

Current Issue

Video

CM Nitish’s convoy attacked in Buxar

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter