CBSE 2025, Compartment, Set 1

Question

"The Ministry of Skill Development and Entrepreneurship (MSDE) and the Indian Space Research Organisation (ISRO) organised a capacity-building training aimed at upgrading the skills of government personnel and further contributing to increasing India's share in the global space industry."
In the light of the given statement, explain how such training programmes can affect human capital formation.

Edvaya · Accepted Answer

The correct answer is Subjective. Capacity-building initiatives organized by institutions like MSDE and ISRO, which take the form of specialized **On-the-job training**, profoundly boost the technical efficiency and capability of government personnel. Such high-level training programs have become an indispensable integral part of the modern work environment because they directly and rapidly add to the overall productive capacity of the employees. Organizations actively encourage and fund these capacity-building programs because the long-term returns and benefits heavily outweigh the immediate cost of the training. They empower employees to comfortably keep pace with rapidly evolving modern technologies and innovative global practices. Thus, it can be firmly asserted that specialized on-the-job training serves as an extremely crucial source of robust human capital formation.

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Economics > Indian Economic Development > Human Capital Formation

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