Human Capital – What India needs to reap the Demographic Dividend

Human capital, unlike physical capital, is intangible.

You all may have heard of the term ‘capital’ in economics.

Adam Smith defines capital as “That part of man’s stock which he expects to afford him revenue”. Capital is one of the four factors of production – land, labour, and entrepreneurship being the other three.

There are many types of capital.

8 Interesting Facts about Indian Economy from the Economic Survey

Not everyone knows Indian Economy well. Not even economists! But thanks to the Economic Survey, many interesting facts about Indian Economy have been brought to light. There interesting facts and statistics can give you valuable insights about the potential of India.

1. India has only 7 taxpayers for every 100 voters!

India has only 7 taxpayers for every 100 voters ranking us 13th amongst 18 of our democratic G-20 peers