International Journal of Humanities and Social Science Research

International Journal of Humanities and Social Science Research


International Journal of Humanities and Social Science Research
International Journal of Humanities and Social Science Research
Vol. 7, Issue 5 (2021)

Trends in human capital and economic growth in Uttarakhand


Mukesh Singh Negi, Padam Singh Bisht

Human capital is the stock of habits, knowledge, social and personality attributes embodied in the ability to perform labour so as to produce economic value. Human capital is unique and differs from any other capital. It is needed by economy to achieve goals, develop and remain innovative. Government can invest in human capital, for example, through education and training, enabling improved levels of quality and production. The term human capital formation refers to the process of acquiring and increasing the number of persons who have the skills, education and experience which are critical for the economic and political development of the country. Human capital is the associated with investment in the man and his development as a creation and production resource. The study of human capital formation is vital from the point of view of economic welfare, it is particularly important because human beings are not only instrument of production but also ends in themselves. Human capital refers to the stock of skill and expertise of a nation at a point of time. The present study is focused on the trends in human capital formation and economic growth. The data for the study taken from various secondary sources. The results shows that there is improvement in human capital formation in Uttarakhand over the years.
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How to cite this article:
Mukesh Singh Negi, Padam Singh Bisht. Trends in human capital and economic growth in Uttarakhand. International Journal of Humanities and Social Science Research, Volume 7, Issue 5, 2021, Pages 61-67
International Journal of Humanities and Social Science Research