Question

What is the role of health in human capital formation?

Answer 1

Health is an important determinant of the quality of population and has an important role to play in the human capital formation. it provides an indispensable basis for realising one’s well being. in other words, health of a person helps them to realise their potential and the ability to fight illness. An unhealthy worker, on the contrary, becomes a liability for an organisation because they cannot work as efficiently as a healthy worker. Hence,
health of people is a matter of concern for the lndian government.