Human Capital Formation In India
Write short notes on the following:
(a) Navodaya Vidyalayas
(b) Central Schools
(c) Indira Gandhi National Open University (IGNOU)
(a) Navodaya Vidyalayas : They were established in 1987-88 to give modern education of good standard to talented students of rural areas.
(b) Central Schools : They have been established by the central government for the benefit of children of transferable employees.
(c) Indira Gandhi National Open University : It was established in September 1985. It is responsible for the introduction and promotion of open university and distance education system on the educational pattern of the country and for the coordination and determination of such systems.
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Define human capital.
What is meant by human capital formation?
Human capital formation is the process of adding to the stock of human capital over time.
What do you mean by the term 'sources of human capital formation?'
A professor earns a higher wage than a peon in the college. Why?
What is human developments?
What is 'on the job training'?
Give the different forms of 'on the job training'.
Why is expenditure regarding on-the-job training a source of human capital formation?
What is investment in education?
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