The Indian government has rejected a World Bank report which said that Indians born today are likely to be just 44% as productive when compared to other Asian countries. In its Human Capital Index Report, which was released Oct. 11, the World Bank said that due to poor investment in human capital, the productivity of India’s future workforce has fallen, and India’s human capital productivity will be half of what Singapore’s workforce will achieve.
Overall, India was ranked 115 among 157 countries. That’s much below its Asian peers, including China ranked 46, Indonesia (87), Malaysia (55). Singapore was ranked number one in the world followed by Japan, Hong Kong and Finland. A child born in India today will be only 44% as productive when she grows up as she could be if she enjoyed complete education and full health, according to the report.
Only 96% of the Indians born today will have the probability to survive to age five indicative of how India is still struggling to control infant mortality in a big way.