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Suggested question of the topic future prospects human capital formation
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Meghna Thapar 4 years, 10 months ago

Human capital formation refers to the process of adding to the stock of human capital over time. It is the process of acquiring and increasing the number of skilled and experienced people. It is essential for the development of an economy.

Main problems of human capital formation in India are:

  • Rising Population. Rapidly rising population adversely affects the quality of human capital formation in developing countries. ...
  • Long Term Process. ...
  • High Regional and Gender Inequality. ...
  • Brain Drain. ...
  • Insufficient on-the-job-training in agriculture. ...
  • High Poverty Levels.
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