EXERCISES . How government organisations facilitate the functioning of schools and hospitals in India? . Education is considered to be an important input for the development of a nation.
How? . Discuss the following as a source of human capital formation (i) Health infrastructure (ii) Expenditure on migration. .
Establish the need for acquiring information relating to health and education expenditure for the effective utilisation of human resources. . How does investment in human capital contribute to growth? .
‘There is a downward trend in inequality world-wide with a rise in the average education levels’. Comment. . Examine the role of education in the economic development of a nation.
. Explain how investment in education stimulates economic growth. . Bring out the need for on-the-job-training for a person.
. Trace the relationship between human capital and economic growth. . Discuss the need for promoting women’s education in India.
. Argue in favour of the need for different forms of government intervention in education and health sectors. . What are the main problems of human capital formation in India?
. In your view, is it essential for the government to regulate the fee structure in education and health care institutions? If so, why? .
Identify how Human Development Index is calculated. What is the position of India in the World Human Development Index? . Is India going to be a knowledge based economy in the near future?
Discuss in the classroom. . Interpret the data given in Table . .
. As an educated person, what will be your contribution to the cause of education? (Example ‘Each one — teach one’). SUGGESTED ADDITIONAL ACTIVITIES .
Enlist the various sources that provide information regarding education, health and labour. . Read the annual reports of Union Ministries of Human Resource Development and Health and make summaries. Read the chapter on social sector in the Economic Survey .
Books B ECKER , G ARY S. . Human Capital. 2nd Edition, Columbia University Press, New York.
F REEMAN , R ICHARD . . The Overeducated American. Academic Press, New York.
Government Reports Education in