Human capital development is necessary

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Human capital development is necessary


Human capital development is necessary:-Last month, the World Bank has released the Human Capital Index, which has five bases – the life-time of children up to the age of five years, the life-time rate of adults up to 60 years, the development of children, the expected year of school education And quality of education In the index released on the basis of 2017, the position of India is below only a few sub-Saharan regions of Africa and below its neighboring South Asian countries.
For a fast growing economy like India, it is not advisable to go down to human development and human capital at the international level. The Ministry of Finance says that “the government has decided to ignore the human capital index and maintain the continuity of human capital development program, to increase the comfort and quality of the lives of the children.”
There is no doubt that the government has worked in the field of human capital development in the country. The Sarva Shiksha Abhiyan of 2000-2001 and the recently launched “Ayushman India” program are examples. These efforts have undoubtedly benefited. But these are not enough.
There are two reasons behind the lack of effort.
(1) There is no ambition for the development of human capital in the country, as is the economic development. The Finance Ministry has given statements about bringing India 5th in the rapidly growing economy and third place in the next few years till 2019. But is there ever any desire to be seen in the top 10 places of Human Capital Development Index? If the reason is that our eastern neighboring Bangladesh has done better than India in human capital development. And by 2020, its per capita income is also estimated to be above India.
(2) In terms of human capital, there is already considerable inequality in India. Despite this, the government has not given any attention to the two main parties of the World Bank’s Human Capital Development Plan – the large-scale differences in human capital and the barriers to the development of human capital.

  • India is the leading leader in making and exporting the most vaccine in the world. In spite of countries like Nepal, Bangladesh and Maldives, only 62% of the children in this country can get eight basic vaccines.
  • Even in the life-time of children up to five years, there is a great disparity in the educational level of the mothers.

On the basis of caste and religion, the life expectancy of children is seen separately. Death rate among Hindus is high. Child mortality rate is higher in SC / ST compared to upper castes.
The difference in the rate of child mortality on the basis of money is worrisome. This is 23 in the rich and it is found in the poor 72.
These figures then fill a glimpse of the problem. The roots are very deep. In India, child mortality, on the basis of inequality, is a worrisome and serious issue, on which the government should take action as soon as possible.

Source- The Times of India

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