Investments, human capital formation, and productivity Growth: Targeting Viksit Bharat (Record no. 532325)

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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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Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Permanent location Current location Date acquired Serial Enumeration / chronology Barcode Date last seen Koha item type
          Indian Institute of Public Administration Indian Institute of Public Administration 2026-01-23 60(46), Nov 15, 2025: p.55-62 AR137948 2026-01-23 Articles

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