Investments, human capital formation, and productivity Growth: Targeting Viksit Bharat (Record no. 532324)
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| fixed length control field | 01360nam a22001337a 4500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 260123b ||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Maiti, Dibyendu and Goldar, BIshwanath |
| 245 ## - TITLE STATEMENT | |
| Title | Investments, human capital formation, and productivity Growth: Targeting Viksit Bharat |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) | |
| Place of publication, distribution, etc | Economic & Political Weekly |
| 300 ## - PHYSICAL DESCRIPTION | |
| Extent | 60(46), Nov 15, 2025: p.55-62 |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc | Using a series of simulations, this paper shows the increases in investment rate, human capital formation and productivity growth required to enable India’s targeted transition to a high-income country by 2047. A Cobb–Douglas specification of the aggregate level production function is used to calibrate India’s long-run growth transition. We show that to realise the vision of Viksit Bharat by 2047, the investment rate needs to go up from 33% to 40%, the human capital formation, measured in terms of years of schooling and return to education, should increase from 1.10% to at least 2.50%, and the annual total factor productivity growth rate should go up from 1.30% to 3.00%. Since these are complementary, improvements in one of them alone will not be sufficient to achieve the target.- Reproduced https://www.epw.in/journal/2025/46/special-articles/investments-human-capital-formation-and.html |
| 773 ## - HOST ITEM ENTRY | |
| Main entry heading | Economic & Political Weekly |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Item type | Articles |
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