Pakshal SecretryAIR 8 · CSE 2025 · 122 wordsTheir whole copy
Opening · a figure
Recently as per NFHS-V fertility rate have declined to 2.0 in India, while life expectancy has risen.
Body · points
Need of shift toward Human Capital investment
(1) Reaping Demographic Dividend
- mean age = 29 years (2) Ensuring capability development → providing choices & freedom (3) Improves economic outcomes → 1 year of schooling → Income rises by 13% of person (4) Ensure justice based approach of development (5) Reap longevity dividend of rising population
Way forward
(1) Capability Approach (Sen) (2) Providing social safety nets → PDS, MGNREGA (3) Entitlement → Right to Health (4) Universal Basic Income (5) Increase Health & education spending
Close · a way forward
Thus as per Amartya Sen, Indian needs to simultaneously invest in 4 Capital : Material, Human, Natural & Social