-Hindustan Times Instead of denial, a much bolder step would be to increase investments and strengthen delivery in key areas such as health and education, which have inter-generational impacts, and can also go a long way in removing widespread inequality. Last week, three separate global reports related to development were released: the World Bank’s Human Capital Index; the Welthungerhilfe and Concern Worldwide’s 2018 Global Hunger Index; and Oxfam International’s 2018 Commitment...
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Global Index reveals governments split between fighting and fueling inequality
-Press Release by Oxfam India dated 9 October 2018 Nigeria, Singapore, India and Argentina are among a group of governments that are fueling inequality, according to a newly released edition of the Commitment to Reducing Inequality Index developed by Oxfam and Development Finance International. The Index ranks 157 countries on their policies on social spending, tax, and labor rights - three areas the organizations say are critical to reducing inequality. It...
More »Unease of doing business makes $26-billion US giant Flex look out of India
-The Economic Times Last year, India jumped 30 places ahead in World Bank's Ease of Doing Business rankings, powered by numerous reforms introduced by the government. Even though the government is focused on making India an attractive destination for foreign companies, the situation on the ground may not be as 'easy' as it seems. Caught in red tape, an American manufacturing giant has threatened to leave India for Malaysia. The $26-billion Flex,...
More »Why the Modi Govt Shouldn't be so Quick To Dismiss World Bank's Human Capital Index -Diego Maiorano
-TheWire.in The finance ministry can continue to quibble, but the stark fact is that decades of underspending in education and health may result in India wasting its demographic dividend. On October 11, the World Bank launched the latest of its country rankings: the Human Capital Index (HCI). The objective of the index is to show how low education and health outcomes – or human capital – impact productivity, growth and prosperity. The...
More »World Bank's 1st Human Capital Index: India lower than Bangladesh, Nepal; Finance Ministry rejects report
-The Indian Express In a statement, the Finance Ministry said the HCI score for India does not reflect the key initiatives that are being taken for developing human capital in the country. The World Bank on Thursday released its first report on Human Capital Index (HCI), which placed India at the 115th position, lower than Nepal, Sri Lanka, Myanmar and Bangladesh. Singapore topped the poll after it was highly rated for its universal...
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