11th Class Economics Human Capital Formation In India

  • question_answer 18)
    Argue in favour of the need for different forms of government intervention in education and health sectors.

    Answer:

    There is a need for different forms of government intervention in education and health sectors due to the following reasons (i) Expenditures on both education and health is to be carried out simultaneously by all the three tiers of the government namely Central Government, State Government and Local Government in India as per the federal structure of Government in India. (ii) Private sector is governed by profit motive and hence does not provide education and health facilities at a reasonable cost which may be affordable to all. (iii) Standard of education and health needs to be maintained in order to develop human resources effectively and government intervention is needed or this. (iv) Education and health is essential for social upliftment of backward and weaker sections of the society and government intervention in terms of policy and provision of infrastructure is required in education as wall as health sector. (v) Regional disparities are prevalent in education and health in India which can be corrected only through government Intervention at all levels as private sector would not be forthcoming tor establishing schools or hospitals in remote or backward areas.


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