Human Capital Formation (HCF)

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.

How to raise of HCF in India?

  • Keep an eye on the fast rate of population expansion.
  • To tackle the problem of human resource wastage, efficient manpower planning is essential.
  • Both the quantitative and qualitative dimensions of human capital must be included in the planning process.
  • It is necessary to establish an effective educational plan that encourages the building of ....
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Indian Economy