Human Development and Human Capital

Introduction

• Population as an asset, not a disability
• Importance of population in national development

Definition of Human Capital

• Individuals with knowledge and skills for productive work
• Considered an essential resource for development

Formation of Human Capital

• Human capital is formed through education and training
• Different sectors contributing to human capital:
  • Primary Sector:
    • Agriculture
    • Forestry
    • Mining
    • Animal husbandry
  • Secondary Sector:
    • Manufacturing (e.g., paper manufacturing)
  • Tertiary Sector:
    • Services

Economic Activities

• Classification of economic activities:
  • Market Activities:
    • Conducted for profit
  • Non-Market Activities:
    • Not aimed at profit (often domestic work)

Division of Labor

• Gender roles in labor:
  • Women often responsible for domestic duties
  • Implications for the quality of the population

Population Metrics

• Importance of health and literacy in population assessment
• Literacy statistics:
  • Percentage of population aged 7 years and above who can read and write
  • Example statistic:
    • 2013-2014: 3.3% literacy increase
• Educational initiatives to improve literacy among rural children

Conclusion

• Summary of the importance of human capital and education in improving population quality
• Emphasis on the role of education systems in rural India to develop human resources

Acknowledgment

• Thanks for watching the video!