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Human Capital formation and Economic Development: A Case Study in Lakhimpur District of Assam
Economic development truly falls on human capital formation. Human capital formation extend competency in terms of knowledge, skills, efficiency, technology adoption, time management, labour mobility of the work force. Even human capital formation increase welfare by reducing interpersonal and interregional disparities. The study on human capital for economic development is much more important in a labour surplus economy like India than a developed nation. Available literature in this area indicates a district level study gape especially in Assam. Therefore, this study is taken to fill the gape to some extent and to focus the importance of human capital in economic development
Human Resource, Human Capital, Human Capital Formation, Economic Development
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