Indian Economic Development

Human Capital Formation in India

Question:

Argue in favour of the need for different forms of government intervention in education and health sectors.

Answer:

Government intervention in education and health sectors is necessary because of the following reasons:

  1.  Education and health care services create both private as well as social benefits. Both private and public institutions are needed to provide these services and government must keep its control on them.
  2.  Expenditure on education and health institutes are important for the growth of a nation. The private providers of education and health services need to be regulated by the government.
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Human Capital Formation in India

Q 1.

Bring out the differences between human capital and human development.

Q 2.

How does investment in human capital contribute to growth?

Q 3.

Bring out the need forjm-the-j ob-training for a person.

Q 4.

What are the indicators of educational achievement in a country?

Q 5.

What are the main problems of human capital formation in India?

Q 6.

How is human development a broader term as compared to human capital?

Q 7.

Establish the need for acquiring information relating to health and education expenditure for the effective utilisation of human resources.

Q 8.

Explain how investment in education stimulates economic growth. (or)
Explain the role of education in the development of a country.

Q 9.

Discuss the need for promoting women’s education in India.

Q 10.

How is human development a broader term as compared to human capital?

Q 11.

In your view, is it essential for the government to regulate the fee structure in education and health care institutions? If so, why?

Q 12.

Argue in favour of the need for different forms of government intervention in education and health sectors.

Q 13.

What factors contribute to human capital formation?

Q 14.

Mention two government organisations each that regulate the health and education sectors.

Q 15.

Bring out the differences between human capital and human development.

Q 16.

What are the two major sources of human capital in a country?

Q 17.

‘There is a downward trend in inequality world-wide with a rise in the average education levels.Comment.

Q 18.

Why do we observe regional differences in educational attainment in India?

Q 19.

Education is considered an important input for the development of a nation. How?
or
Examine the role of education in the economic development of a nation.

Q 20.

Discuss the following'as a sources of human capital formation
(a) Health infrastructure
(b) Expenditure on migration.

Q 21.

Trace the relationship between human capital and economic growth.