×

UPSC Courses

DNA banner

DAILY NEWS ANALYSIS

GS-II :
  • 25 January, 2020

  • 3 Min Read

Global Talent Competitiveness Index, 2020

Syllabus subtopic: Important International Institutions, agencies and fora - their Structure, Mandate.

Prelims and Mains focus: about the index and its findings; India performance in the index

News: Global Talent Competitive Index (GTCI) 2020 was released at the annual meeting of the World Economic Forum (WEF) on January 22, 2020.

What is this index?

  • The GTCI report was launched by INSEAD, a partner and sponsor of the United Nation’s Sustainable Development Goals (SDGs) Tent, with the help of Google and Adecco Group

  • This index shows the ability of countries to make the world progress, retain and attract talent. They are ranked based on their abilities.

  • GTCI gives ranking based on six indicators – attract, retain, enable, grow, vocational skills and global knowledge skills.

  • The GTCI is an input-output based ranking system that takes ‘what does the country produce and acquires’ as input and ‘result from the skill’ as output.

Global Findings

  • Switzerland secured the first position while the USA is on second and Singapore got third place.
  • Among the top ten countries, Sweden ranked fourth, Denmark fifth, Netherlands sixth, Finland seventh, Luxembourg eighth, Norway ninth and Australia 10th.
  • China ranked 42nd, Russia at 48th, Brazil secured 80th while South Africa grabbed the 70th position in the list

GTCI 2020: Top 10 Countries

Rank

Country

Score

1

Switzerland

81.26

2

USA

79.09

3

Singapore

78.48

4

Sweden

75.82

5

Denmark

75.18

6

Netherlands

74.99

7

Finland

74.47

8

Luxemburg

73.94

9

Norway

72.91

10

Australia

72.53

India Specific Findings

  • India has secured 72nd place in the list while last year India was ranked 80th in Global Talent Competitive Index.

  • Kazakhstan, India and Sri Lanka have occupied the top 3 spots in the Central and South Asia region.

  • According to the GTCI, India's biggest challenge is to attract talent and retain them in the country. India got 92nd and 95th place respectively in this category.

  • India’s Vocational and Technical Skill score is 76 while secured 113th place in the Mid-Level Skills list.

Source: Indian Express


Pradhan Mantri Suryodaya Yojana

Recently, Prime Minister announced Pradhan Mantri Suryodaya Yojana under which 1 crore households will get rooftop solar power systems. India’s Status of Current Solar Capacity India currently stands at 4th place globally in solar power capacity. As per Ministry of New an

Foreign Contribution Regulation Act (FCRA)- NGO 

The Foreign Contribution Regulation Act, 2010 (FCRA) registration of two prominent non-governmental organisations (NGOs) — Centre for Policy Research (CPR) and World Vision India (WVI) have been cancelled this month. What is FCRA? Key provisions of FCRA, 2010 Key aspects Description

Voice clone-AI

Voice clone fraud has been on the rise in India. AI voice cloning – It is the process of creating a synthetic replica of a person’s voice through machine learning and speech synthesis technology.It is called as voice deepfakesor audio deepfakes. Objective – To achieve a high level of na

Science communication- how to promote

Steps taken by India to promote Science Communication Publications and Information Directorate (PID) - An organisation under Council of Science and Industrial Research (CSIR) established in 1951 for publishing and disseminating scientific information in India. National science magazines- The PI

Universal Basic Income (UBI)- Analysis

Universal Basic Income (UBI) can strengthen welfare architecture and unlock the nation’s latent demographic potential. UBI - It is an income support mechanism typically intended to reach all or a very large portion of the population regardless of their earnings or employment status. Objective- To provide enough to co

Toppers

Search By Date

Newsletter Subscription
SMS Alerts

Important Links

UPSC GS Mains Crash Course - RAW Prelims Answer Key 2024