90% of developing economies are lagging in critical skills: Global Skills Index Report

New Delhi : 90 percent of developing economies are falling behind or are at risk of falling behind in critical skills, according to Global Skills Index: 2019 (GSI) report by Coursera. The report revealed skill trends and performance data for 60 countries and 10 industries across data science, technology, and business.

The report highlights both global and regional skill performance for Asia Pacific countries. Globally, India ranks 50 in business, 44 in technology, and 51 in data science, which signals a great opportunity for more focused upskilling efforts on key competencies. India’s strength in technology and computer-related skills shows positive skill potential, and is likely driven by the country’s large IT industry and substantial workforce investments in advanced technologies.

Within technology, India ranks 9 regionally, with databases (37%) and security engineering (32%) as its strongest performing competencies. Within data science, India is also strong in math (75%), revealing a competitive skill proficiency in foundation skills.

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To help learners bridge the knowledge divide in India, Coursera is launching 10,000 scholarships for technology, data science, and business courses to learners. These scholarships will allow learners to select from a curated list of Coursera courses that line up with India’s lagging or emerging skills identified in the GSI.

With 39 million learners and more than 3,000 courses from the world’s top universities and industry educators, Coursera has one of the largest databases to study skill trends. Leveraging actual Coursera learner performance data, the GSI provides actionable insights to governments and companies, which they can use to design a workforce transformation strategy that addresses their skills strengths and shores up their weaknesses.

Jeff Maggioncalda, CEO of Coursera, said in a statement, “With the launch of Coursera’s Global Skills Index, governments and companies now have unprecedented access to high-quality skills data to understand how their workforce stacks up against the world and take action on any critical upskilling opportunities.”

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