The Human Capital Imperative: Advancing Health and Economic Transformation For VIKSIT BHARAT 2047
DOI:
https://doi.org/10.65544/m27kpb90Abstract
Human capital is central to India’s ambition of becoming a developed nation under Viksit Bharat 2047 because it shapes productivity, education, innovation, and long-term economic growth. This study examines the interdependence of health, human capital formation, and economic transformation using evidence from NFHS-5, the Periodic Labour Force Survey, the Sample Registration System and other official sources. The findings show that health investment strengthens human capital, raises labour productivity and supports structural transformation from a low-productivity economy to a knowledge-driven, innovation-led economy. The paper suggests an integrated policy framework linking health, education, nutrition and skills. India’s vision of Viksit Bharat 2047 depends on building a healthier, more skilled, productive, and resilient population capable of sustaining inclusive economic transformation.
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