India ranks behind countries like Rwanda, Botswana and Colombia
GN Bureau | January 16, 2017
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
Abright yellow van with figures of children playing with a whirligig, a Newton’s cradle, a magnetic compass rolls into the Government Higher Primary School in Kittaganahalli, on the outskirts of Bengaluru. Students in the playground leave what they are doing and mill about it in excitement. For they
Not many children dream of starting an idyllic school of their own when they grow up. But Ramji Raghavan, founder of the Agastya International Foundation – which fosters the creative learning of science in stude
While the entire nation is agog with political grapevine, political parties are weighing on all options to lure voters by touching upon issues that impact their lives. Several parties, including the BJP and the Congress have released their manifestos while many are about to join the bandwagon. The
Urmila Matondkar joined the Congress party and within just two months into politics, the actor is already surrounded by controversies – from being accused of making anti-Hindu comments to inappropriate poll campaigning. Fielded against BJP’s Gopal Shetty in the Mumbai North constituency, Ma
Dressed in white shirt and pants, three time Bhartiya Janta Party (BJP) corporator Manoj Kotak is now contesting from Mumbai north-east constituency. Kotak, representing BJP in the BMC, is ready to rally around Ward 125 in Ghatkopar east area. It’s about 7:30 pm on a hot April e
Sunil Bhatt, a Gujarat-based professional, has completed what is possibly the first PhD thesis on prime minister Narendra Modi. The thesis, titled ‘Leadership, Governance and Development: A case study of Shri Narendra Modi’, has been accepted at the Veer Narmad South Gujarat Universit