how has humar capital formation h
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ʜᴜᴍᴀɴ ᴄᴀᴘɪᴛᴀʟ ғᴏʀᴍᴀᴛɪᴏɴ ɪs ᴛʜᴇ ᴘʀᴏᴄᴇss ᴏғ ᴛʀᴀɴsғᴏʀᴍɪɴɢ ᴛʜᴇ ᴘᴇᴏᴘʟᴇ ɪɴ ᴀ ᴄᴏᴜɴᴛʀʏ ɪɴᴛᴏ ᴡᴏʀᴋᴇʀs. ᴛʜɪs ʜᴀs ʜᴇʟᴘᴇᴅ ɪɴᴅɪᴀ ɪɴ ᴍᴀɴʏ ᴡᴀʏs. ɪᴛ ʜᴀs ɪɴᴄʀᴇᴀsᴇᴅ ᴛʜᴇ ᴘʀᴏᴅᴜᴄᴛɪᴏɴ ᴏғ ᴛʜᴇ ᴄᴏᴜɴᴛʀʏ ᴀɴᴅ ʜᴇʟᴘᴇᴅ ɪᴛ ᴛᴏ ʙᴇᴄᴏᴍᴇ ᴀ sᴇʟғ ʀᴇʟɪᴀɴᴛ ɴᴀᴛɪᴏɴ. ɪᴛ ʜᴀs ᴀʟsᴏ ɪᴍᴘʀᴏᴠᴇᴅ ᴛʜᴇ ʟᴇᴠᴇʟ ᴏғ ɪɴᴄᴏᴍᴇ ᴏғ ᴛʜᴇ ᴘᴇᴏᴘʟᴇ ᴀɴᴅ ɪɴᴄʀᴇᴀsᴇᴅ ᴛʜᴇ ɢᴅᴘ ᴏғ ᴛʜᴇ ɴᴀᴛɪᴏɴ.
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HUMAN CAPITAL
Human capital formation is the process of transforming the people in a country into workers. This has helped India in many ways. It has increased the production of the country and helped it to become a self reliant nation. It has also improved the level of income of the people and increased the GDP of the nation.
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