Mains Paper 2: Governance | Issues relating to development and management of Social Sector/Services relating to Health, Education, Human Resources.
From UPSC perspective, the following things are important:
Prelims level: GTCI
Mains level: Not Much
- Global Talent Competitive Index (GTCI) for 2019 was recently released.
- Launched for the first time in 2013, the GTCI is an annual benchmarking report that measures the ability of countries to compete for talent.
- It is released by INSEAD business school in partnership with Tata Communications and Adecco Group.
- The report measures levels of Global Talent Competitiveness by looking at 68 variables such as ease of ease of hiring, gender earnings gap, and prevalence of training in firms.
- At 80th rank, India moves up one position on the Global Talent Competitive Index (GTCI) 2019, according to a report.
- According to the report, India’s biggest challenge is to improve its ability to attract and retain talent.
- There is a need to address its poor level of Internal Openness in particular with respect to weak gender equality and low tolerances towards minorities and immigrants.
- China emerged as the best performer among the BRICS countries, with an overall position of 45th.
- However, India performed better than its lower-income peers when it comes to growing talent and access to growth opportunities.
- Switzerland followed by Singapore, the US, Norway and Denmark were in the top five on the list.
- In the top ten of talent competitiveness ranking, only two non-European countries can be seen: Singapore and the USA.
- This underlines that Europe remains a talent powerhouse, but also that countries with great universities and a strong education sector are best at attracting talents.