QS World Future Skills Index

18.01.2025

QS World Future Skills Index

Why in the news?   

             According to the QS World Future Skills Index 2025, India has emerged as the second most prepared job market globally for future in-demand skills, trailing only the United States.

About QS World Future Skills Index:

• The inaugural Future Skills Index, released by London-based Quacquarelli Symonds (QS), evaluates countries on their readiness to meet evolving job market demands.
• The index assesses four main areas: skills fit, academic readiness, future of work, economic transformation

Highlights of the Report:

• The index highlights India’s strong potential in critical sectors such as Artificial Intelligence (AI), digital, and green industries.
• India ranks 25th overall across all indicators, earning recognition as a “future skills contender.” Notably, the country excels in the “Future of Work” category, securing the second-highest global score (99.1), just behind the United States.
• India’s performance in the Future of Work indicator underscores its readiness to meet emerging job market demands. Alongside Mexico, India is identified as the most prepared nation to recruit for digital roles.
• “India’s outstanding GDP growth, youthful population, and burgeoning start-up culture position the country as a global leader in future-ready skills.
• While India shines in certain areas, the report highlights opportunities for improvement. These include:
• Enhancing Industry Collaboration: Bridging the gap between higher education institutions and industry needs to be done.
• Equipping Graduates with In-Demand Skills: Expanding focus on digital, AI, and green sectors needs to be aligned with employers’
• Future-Oriented Innovation and Sustainability: India scores low on this metric, indicating a need to prioritize sustainable practices and forward-looking solutions.

                                                                  Source: Financial Express

Consider the following statements regarding the QS World Future Skills Index:

Statement-I:It is published by the World Economic Forum every year.

Statement-II:It assesses four main areas namely skills fit, academic readiness, future of work and economic transformation.

Which one of the following is correct in respect of the above statements?

A.Both Statement-I and Statement-II are correct, and Statement-II is the correct explanation for Statement-I.

B.Both Statement-I and Statement-II are correct, and Statement-II is not the correct explanation for Statement-I.

C.Statement-I is correct, but Statement-II is incorrect.

D.Statement-I is incorrect, but Statement-II is correct.

Answer D