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Edn is investment in human development
Prof. KS Chalam, a well known political economist and educationist and former Vice-Chancellor of Dravidian University delivered a lecture on ‘Education and Human Development: Perspective from Social Exclusion’ on Monday at the University of Hyderabad (UoH).
Hyderabad: Prof. KS Chalam, a well known political economist and educationist and former Vice-Chancellor of Dravidian University delivered a lecture on ‘Education and Human Development: Perspective from Social Exclusion’ on Monday at the University of Hyderabad (UoH).
Speaking to the audience consisting students, faculty and staff, Prof. Chalam said that all citizens of India have a responsibility for human development. He opined that education is an investment in human capital and we need to give utmost importance as it is an asset and has economic value. Many economists have studied and proved that education is an investment in human capital, he added.
Education is both an investment and consumption and it helps in human development and also facilitates to lead a good life, said Prof. Chalam. Giving an example he stated that if we read a newspaper and then attend an interview and apply that information, it becomes an investment and we get benefited.
Social exclusion is the process in which individuals or entire communities of people are systematically blocked from (or denied full access to) various rights, opportunities and resources that are normally available to members of a different group; which are fundamental to social integration within that particular group.
The speaker Prof. Chalam is a former member of the Union Public Service Commission (UPSC), New Delhi. He is also an author of Caste-Based Reservations and Human Development in India and Economic Reforms and Social Exclusion. Currently, Prof. Chalam is associated with National Human Rights Commission, New Delhi, as a special rapporteur.
The lecture organised by the Centre for Ambedkar Studies was presided by pro VC Prof. E. Haribabu.
