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India's highways, airports and digital infrastructure showcase rapid progress. But is physical infrastructure alone enough to achieve the dream of Viksit Bharat? In this thought-provoking talk, Debashis Basu argues that India's biggest challenge is not the lack of capital or technology, but a persistent human capital deficit. Drawing on economic research by Gregory Mankiw, David Romer, David Weil, Robert Lucas and Paul Romer, he explains why education, healthcare and skills—not just GDP growth—determine whether a nation becomes truly prosperous. The video also examines how South Korea, Singapore and China transformed themselves through sustained investments in human capital, and why India risks remaining trapped as a lower-middle-income country unless it reforms education, vocational training and public health. Topics covered: • Why human capital matters more than physical capital • The limits of infrastructure-led growth • India's skilling and employability crisis • Lessons from South Korea, Singapore and China • NEP, vocational education and workforce readiness • What India must do to realise the Viksit Bharat vision ---------------------------------------- Hosted on Acast. See acast.com/privacy [https://acast.com/privacy] for more information.
294 episodes
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