Question

In India, National Education Policy 2020 has stressed a lot on in-service training of teachers. (i) Identify the source of Human Capital Formation (HCF) indicated in the aforesaid statement.

Hint:

Expenditure on education improves human capital, leading to better economic outcomes and a skilled workforce.

Answer 1

1. Enhancement in Quality of Education:
- Training programs for teachers improve the quality of teaching, which enhances student learning outcomes and skill development. 2. Economic Growth and Productivity:
- Well-trained teachers produce a skilled workforce, leading to higher labor productivity and economic development. Conclusion: Investment in teacher training is a crucial aspect of Human Capital Formation, which leads to long-term economic growth and skill enhancement.