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December 6, 2023 626 0
Human capital refers to the skills, knowledge, experience, and attributes possessed by individuals, contributing to their productivity and economic value. In the context of India’s dynamic landscape, the process of Human development, which involves enhancing well-being and expanding choices, is intrinsically linked to ongoing initiatives in human capital formation. Human Capital Formation approach involves investments in education, health, on-the-job training, migration, and information, collectively shaping the nation’s human capital for sustainable growth and development
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Government expenditure on education is a crucial aspect of human capital formation in India, evaluated in terms of its percentage of total government expenditure and its percentage of Gross Domestic Product (GDP).
Educational Attainment in India
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