India climbs eight ranks to 72 in Global Talent Competitive Index

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News:The Global Talent Competitive Index (GTCI) for the year 2020 has been released.

Facts:

About the Index:

  • The Global Talent Competitive Index(GTCI) was launched in the year 2013.
  • It an annual benchmarking report that measures the ability of countries to compete for talent.
  • The 2020 index has been released by INSEAD business school in partnership with Adecco Group and Google.
  • The index gives ranking based on six indicators namely attract, retain, enable, grow, vocational skills and global knowledge skills.

Key takeaways from the index:

  • Switzerland secured the first position while the USA is on second and Singapore got third place.
  • India has secured 72nd place in 2020.In 2019,India was ranked 80th in the Index.
  • Among BRICS countries,China was ranked at 42nd, Russia at 48th, Brazil secured 80th while South Africa grabbed the 70th position in the list.