ECONOMICS
HUMAN CAPITAL
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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4
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6
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9
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None of the above
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Detailed explanation-1: -The Education Commission in 1966 had recommended that at least 6% of GDP should be spent on education in India. However, even after 50 years of such a recommendation, the government continues to spend 3-4% of GDP on education.
Detailed explanation-2: -’Education Commission 1964-66 had recommended that at least 6 per cent of GDP must be spent on education’. How far India has been able to achieve the said goal? 3.
Detailed explanation-3: -In 1964, the Kothari Commission had recommended an allocation of 06 percent of Gross Domestic Product (GDP) but unfortunately India never spent 06 percent of GDP on education since Independence. There has always been inadequate investment on education in India.
Detailed explanation-4: -Kothari Commission (1964-66) is also known as Indian/National Education Commission. In 1964, the Kothari Commission had recommended a 6 % allocation of GDP, a policy recommendation endorsed by the National Policy of Education, two decades later in 1986.