According to the latest edition of IMD World Talent Ranking, India has slipped 6 places to 59 rank on the global annual list of 63 countries.
About:
International Institute for Management Development (IMD) is a business education school located in Lausanne, Switzerland.
The ranking is based on the performance in three main categories -- investment and development, appeal and readiness.
Findings:
The list was topped by Switzerland. Denmark was placed second and Sweden, was in the third place.
India has slipped 6 places to 59 rank on the global annual list of 63 countries. India is also lagging behind fellow BRICs countries - China ranked 42nd on the list, Russia (47th) and South Africa (50th).
India also witnessed one of the sharpest declines among Asian economies owing to low quality of life, negative impact of brain drain, and the low priority of its economy on attracting and retaining talents.
In Asia, Singapore rose from 13th to 10th position compared to last year, Hong Kong SAR from 18th to 15th, and Taiwan from 27th to 20th.
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