Sanyal, Sanjeev; Gundimeda, Haripriya; Sinha, Rajiv; … - eSocialSciences - 2008
Education is an important component of economic activity, although investment in education is only one of the many … forms of capital such as buildings and industrial equipment, generates a stream of future benefits. Education is regarded as …. Educational expenditure in India averages about 4.2% of the GDP; so estimating the returns to investment in education is useful …