January 2016, National
Reflecting an acute shortage of skilled labour force and difficult business conditions, India has slipped 11 places to rank 89th on a global index of talent competitiveness, a list which has been topped by Switzerland.
Switzerland is followed by Singapore, Luxembourg, the United States and Denmark in the top five positions on the annual Global Talent Competitiveness Index (GTC) released by INSEAD business school in partnership with Adecco Group and the Human Capital Leadership Institute of Singapore.
Worst among the BRICS countries
India’s ranking is worst among the five BRICS countries, with China leading the pack with a global rank of 48.
Last year, India was ranked 78th on the index that measures a nation’s competitiveness based on the quality of talent it can produce, attract and retain. It is released every year on the first day of the World Economic Forum (WEF) Annual Meeting here.