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The Centre on Thursday, 11 October, rejected the findings of the World Bank's Human Capital Index (HCI), which has placed India at 115th position out of 157 countries on various parameters, such as survivability measured by under-five mortality rate.
The HCI has been constructed for 157 countries. It claims to seek to measure the amount of human capital that a child born today can expect on attaining the age of 18.
The HCI index values are contended to convey the productivity of the next generation of workers, compared to a benchmark of complete standard education and full health.
“There are major methodological weaknesses, besides substantial data gaps. For instance, for the schooling parameter, though quantity is assessed using enrolment rates reported by UNESCO, quality is gauged using harmonised test scores from major international student achievement testing programmes,” the statement further read.
According to the HCI, a child born in India today will be only 44 percent as productive "when she grows up as she could be if she enjoyed complete education and full health".
"The HCI in India for females is marginally better than that for males," the report said.
The report pointed out that in India, "a child who starts school at age of four can expect to complete 10.2 years of school by her 18th birthday".
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