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To face the challenges of globalisation and competition, human resource development (HRD) is the need of the day because sustainable economic development can be achieved only through investment in human beings. This book provides a multi-layered holistic analysis of HRD and its economics, with a special reference to India. It deals with all facets of HRD such as education, health, environment, tourism, urbanisation, migration, housing, food security and women’s empowerment. The book consists of 15 chapters that cover a systematic and exhaustive discussion on various aspects which lie in the domain of HRD and its economics, using the latest database on Indian economy. The introduction of a conceptual background is followed by the analysis of various characteristics of Indian population with its demographic dividend. The measurement-related issues, including HRM, HDI, GDI, GEM and PQLI, have been dealt thoroughly. It has been advocated that in order to achieve high rank in the above-said measures, India needs to ensure HRD and good quality of life to its citizens. A whole chapter details the role of education in developing human resources in India. It also reviews various state-sponsored programmes like the Sarva Shiksha Abhiyan (SSA), mid-day meal programme, etc. The process of human resource development has been elaborated in detail. Health, nutrition, sanitation and water supply have been identified as essential pre-requisites of HRD in the country. The book takes health as a state of complete physical, mental, spiritual and social well-being and not merely an absence of disease and infirmity. To maintain the nature and to attain sustainable development, the author emphasises on the need to understand the relationship between nature and human beings in all aspects. A substantial portion of the book covers HRD-related issues like urbanisation, housing, mobility, social security, food security and women empowerment. It covers the trends in urbanisation and their effect on HRD activities in India. It highlights the problems and state efforts under various programmes like SJSRY, Social Protection Programme, JNNURM, AHIP and RAY, regarding urbanisation. Housing-related issues and government initiatives have also been covered in this regard. The book explores the importance of the growing mobility of labour and its consequent demographic impacts, coupled with enhanced security concerns. The importance of migration management policies has been highlighted to transform international migration into an efficient, orderly and humane process. The book has included the concept of social security in the domain of human resource development. It provides a design of social security schemes charcterised by the active support and involvement of employees and employers. Food security is an important component of HRD. Eradicating food insecurity and hunger in India is a necessary and an attainable goal. To achieve better position in the Global Hunger Index (GHI) and to attain food self-sufficiency and food security, various measures have been highlighted in the book. Women empowerment has been used as a control variable for HRD. It covers the importance of gender budgeting, with its dual dimension of equity and efficiency, as an effective instrument to attain the objective of women empowerment. The role of international agencies like UNDP, WHO, UNESCO and UNICEF in HRD in India has also been reviewed. The book also attempts to describe the rationale and issues of good governance. The crux of argument is that the Vedic pills and the Bhagavadagita can prove to be a panacea for removing every ill in the Indian system of governance. The author is right in observing that the flow of (Saraswati river) knowledge requires understanding and analysis of HRD, which cannot be achieved without political will and good governance. Therefore, to be able to find happiness in all kinds of situations in life, we need to ensure peace. To move with confidence for achieving morality, opulence, victory and empowerment, we need to understand spirituality. The book deals with all the aspects of HRD in a holistic sense and may prove useful for researchers, economists, policy makers as well as students.
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