India up one place on global talent competitiveness ranking at 80th: Survey
PT facts
News:
India ranks 80th on Global Talent Competitive Index 2019
Important Facts:
- Global Talent Competitiveness Index (GTCI) is based on the research conducted by INSEAD, is an annual benchmarking report that measures the ability of countries to compete for talent.
- The survey measures how countries and cities grow, attract and retain talent, ranking 125 countries and 114 cities across all groups of income and levels of development.
- It was launched for the first time in 2013
Highlights of Index 2018:
- India’s biggest challenge is to improve its ability to attract and retain talent.
- Switzerland maintains its number 1 position, followed by Singapore and the United States.
- China is the best performer among BRICS countries, while India remains the laggard of this grouping.
- European countries continue to dominate the GTCI rankings, with 15 of them in the top 25.
- Latin America often leads in producing female graduates (Argentina ranks 5th on that variable).
- Efforts in education (compared to GDP per capita) are high in Africa.
- The talent gap between higher and lower-income countries has increased over the last five years.
- This year’s edition also revealed that the top ten countries have several key characteristics in common and share one major feature: they all have a well-developed educational system providing the social and collaboration skills needed for employability in today’s labour market.
