Give an account of growth of education sector in India.
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expenditure has increased from 7.92% to 13.17% and as percentage of GDP from 0.64% to 4.02%. A major share of government expenditure on education goes to elementary education. It is least for tertiary sector but expenditure per student is highest in tertiary sector. The per capita education expenditure differs considerably from region to region. It is 3,440 in Lakshadweep and 386 in Bihar. An education cess of 2% has been levied on all union taxes.
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- 1View SolutionIndian education system is considered faulty from the employment angle'. Do you agree? Explain.
- 2View SolutionRead the passage given below and answer the following questions from 1 to 3.
India realized the significance of human capital in financial development in its early stages. The Seventh Five Year Plan says, ‘Human Resource improvement has essentially to be appointed a key part in any development technique, especially in a nation with such a grand population. The reason for this action plan being:
Higher Productivity of Physical Capital: Human capital boosts the productivity of physical capital as skillful and professional operatives can understand and function the machines or guidelines efficiently than untrained operatives. Human Capital encourages the advancement of new techniques for production and this results in the increase of economic development in the shape of an increase in GDP.- In which five year plan, India realised the importance of Human capital?
- Sixth
- Seventh
- Eighth
- Ninth
- Human capital formation is very important especially for the nations which have ________ population.
- Small
- Very Small
- Large
- None of these
- Human capital leads to an increase in ______________?
- Quality of life
- Standard of living
- Both (a) and (b)
- None of these
- 3View SolutionIdentify how Human Development Index is calculated? What is the position of India in the World Human Development Index?
- 4View SolutionWhy and how do firms give on-the-job-training to their workers?
- 5View SolutionWhy has the Government of India levied a 2% education cess on all union taxes?
- 6View SolutionExplain the meaning of human capital formation with the help of an example.
- 7View Solution"Education implies the process of teaching, training and learning, especially in schools or colleges, to improve knowledge and develop skills." How education is more valuable than literacy?
- 8View SolutionWhy do so many children drop out from different levels of education in India?
- 9View SolutionExplain how health and expenditure on information are a source of human capital formation.
- 10View SolutionWhat are the two major sources of human capital in a country?