Human Capital Development in South Asia: A Comparative Analysis

The goal of this article is to conduct macro level analysis on Human Capital Development in the South Asia countries, such as Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka. The Analysis is a comparison of macro level of indicator of Human Capital and improvement of the economy, the research method applied both quantitative and qualitative methods are adapted in describing all the indicators with reference to HCD. In addition, comparative analysis is analysing macro level indicators of HCD made and analytical methods according to the indicators of the South Asia countries. The study applicable since 1990 to 2015, it is an inter-disciplinary in macro aspects of human capital development and also the research is concentrating the group research discoveries on the South Asia countries’ human capital development only. The article presents, for the first time, a comparison of Human Capital Development indices and the approach of the eight nations of South Asia. The Human Capital Index appraises based on current investment on constructing for the future purpose of the nations capital and present result of earlier investment of labour market. The unique feature of the article is a grouping of the analysis of macro level indices with a sound analysis of procedure and intellectual literature. The result provides that in the contemporary human capital competence in the South Asia nations. However, the past two and of half decade, government initiatives of national programme for human capital development, first which are dealing with the health level includes physical and nutrition, second phase it deals educational such as schooling level, higher education, vocational education and training programme and finally which deals about knowledge, level of competencies and earning capacity. The study will assess the gap of Human Capital through the measurements of outcomes Vs inputs of the South Asia countries are arriving the conclusion of human capital development