India has been ranked at the 116th position in the latest edition of the World Bank's annual Human Capital Index that benchmarks key components of human capital across countries
The World Bank Human Capital index seeks to measure the productivity that a child born can expect to attain by the time he turns 18
The World Bank's inaugural HCI has placed India at 115 out of 157 countries in terms of the quality of human capital
Says index doesn't capture government initiatives to improve lives
Human Capital Index in 2017: India ranks behind not only other developing economies but also Nepal, Serbia, and Ghana
The human capital index measures countries' ability to nurture, develop and deploy talent for economic growth