Sectors of Indian economy is basically divided into 3 parts. Primary (Raw material), Secondary(Manufacturing), Tertiary (Service sector). Being an Agrarian Country Most of the work population in India stands at the Primary sector. Although most of the country's economy is driven by the Service sector with less number of Human presence among these 3 sectors. So How can a little be outrun the more ? The answer is those people trained and equipped with the technology. What makes them different is better human Capital. The Main Question here is What's the Human capital and how essential factor is that in our equation !
Human capital is the set of attributes, skills and personality that enhance the capacity of people to generate economic benefit from their work. In fact Human capital stands a notch high when compare to the physical capital. human capital transforms land and human infrastructure to productive commodities. it's the humans with their abilities and experience that turns capital into wealth. Investment in human resources, such as health and education facilities, yields better physical resource production capacities.
There are 5 Main Sources of Human Capital which needs to be Focus
Education
An Educated Mind help you widen your horizon of vision. The person with good education not only tend to think about self development but also s/he has the contribution to the whole society. As a society gets more and more educated brains it improves the overall productive and prosperity of a country. Human Capital doesn't come by birth, you need to acquire it by the Education. A better education starts from schooling. People are born with various abilities, Individuals are generally different from one another in talents they equipped with. It's better to find those talents and give them scope where they do have interest and passions.
For better education first thing you need is better education system and implementation. Scandinavian, West European, East Asian countries are always regarded as the Developed countries in the world and they all have one thing in common, the quality education. Not only in Schools but Developed countries have the top Universities of the world. The comprehensive mode of education and research opportunities provided by these institutions fetch numerous Noble Prizes and world wide renowned. Now you can see how the Education wing of the Human Capital pays off for a country to be prosperous.
Health
Health is very important for a healthy standard of living. Being free from disease or disability has a direct impact on our quality of life. Health care is a significant factor in health advancement, but health outcomes are often highly affected by factors outside the health care system. There are 3 factors of health which we are going to look into.
- Preventive medicine (vaccination)
- Curative medicine (medical intervention during illness)
- Social medicine (spread of health literacy)
Preventive
There is a golden line you must have been come across, PREVENTION IS BETTER THAN CURE. A vaccine prepares our immune system to be proactive before the pathogen enter to our body. It's like a protective shield which is already installed in your body to fight against the disease. Children are vulnerable to the virus, bacteria, microbes and other micro organism which may harm human organs. Indian Government had started a Vaccination program called MISSION INDRADHANUSH. By this vaccination you ensure your citizens and future generation are immune to possible diseases. We often develop lifelong immunity when we have had a disease. However some may lead to serious complications even to death. The aim of vaccine is to get this immunity without any of the risks of having the disease.
Curative
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