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People as resources not the liability

People as resources  not the liability

In India we takes population as a liability but when we spend on the population of our country in the form of education and health the population became the asset.

People as resources is a way of referring to a country’s working people in terms of their existing productive skills and abilities. Because of which it emphasis it’s abilities to contribute to the creation of the gross national product. This was the positive side of a large population but we always focuses on the negative side. 

When the existing human resources is further developed by becoming more educated and healthy, it forms the human capital. 

Investment in human capital through education,  training and medical care yields a return just like in physical capital which results in higher income because of higher productivity of the more educated and better trained person’s

India’s green revolution is a dramatic example of how the input of greater knowledge in the form of improved production technologies can rapidly increase the productivity of scarce land resources. India’s IT revolution is a striking instance of how the importance of human capital has come to acquire a higher position than that of material, plants and machinery.

Investment in human resources through health and education can give high rates of return in future. This investment on people is the same as investment in land and capital. 

A child too, investments made on his/her education and health, can yield a high returns in the future in the form of higher earning and greater contribution to the society. Educated parents are found to invest more heavily on the education of their child as they knew the importance of health and  education. They are also very conscious of proper nutrition and hygiene. While the uneducated people spend lightly no their as they didn’t know the importance of the education. Because of which it would be problematic in child’s future. 

Education contribute towards the growth of the society. It enhances the national income, cultural richness and increase the efficiency of governance. Understanding these points government start spending on the education by providing elementary education, establishment of pace setting of schools like Navodaya Vidyalaya in each district and much more. The plan outlay on education increased from 151 crore in the first plan to Rs 3766.90 crore in the eleventh plan. The literacy rate have increased from 18% in 1951 to 74% in 2010-11. Sarva Siksha Abhiyan is also a significant step towards providing elementary education to all children in the age group of 6-14 years by 2010. 

The health of a person helps him to realise his/her potential and the ability to fight illness. He/she will not be able to maximise his/her output to the overall growth of the organisation. Indeed ; health is an indespensible basis for realising ones well- being. Henceforth, improvement in the health status of the population has been the priority of the country. Over the last five decades, India has built a vast health infrastructure and has also developed the manpower required at primary, secondary and tertiary sector. 

Measures:

These measures which have been adopted have increased the life expectancy to over 68.3 years in 2014. Infant mortality rate has come down to 147 in 1951 to 34 in 2016. Crude birth rates have dropped to 20.4 and death rates to 6.4 within the same duration of time.

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