Role of Economic and Social Infrastructure in Human Resource Development

Shobha Ahuja

Vision, 2000, vol. 4, issue 2, 20-28

Abstract: The findings of the paper suggest that investment in human capital would depend strongly on sustained economic growth accompanied by education and skill development of the workforce. The paper examines, in detail, the factors which are likely to influence the demand for human capital in the coming decades and points to the preponderance of economic factors in influencing demand in the market-place though social indicators also play a predominant role. In a growing economy it is important to identity the employment intensive sectors and train our human resources to enable them to meet the demand in these sectors. The paper seeks to identify the areas where there exists a good potential for employment generation and makes suggestions for tailoring skill development to meet the demand in the marketplace. Against this backdrop it can be concluded that HRD in the new millennium would depend on a variety of economic and social indications and on the stake of human resources in the production process.

Date: 2000
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Persistent link: https://EconPapers.repec.org/RePEc:sae:vision:v:4:y:2000:i:2:p:20-28

DOI: 10.1177/097226290000400203

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