State whether the following statements are true/false, with valid arguments:

Question 21:State whether the following statements are true/false, with valid arguments:

a) Human Capital and Human Development are one and the same thing
b) India has a poor stock of technical manpower.

The correct answer is -a) The given statement is not true to perfection. These two may sound similar but are not exactly
same. Whereas, human capital considers education and health as a means to increase labour
productivity, human development is based on the idea that education and health are integral to
human wellbeing.
b) The given statement is not true. India has a rich stock of scientific and technical manpower in the
world. Also, India has taken a number of steps to improve it qualitatively and ensure that they are
optimally utilized.