Human Capital Impact on Sustainable Economic Growth in India

Abstract

The study investigates the sustainable development of the regional economy from the perspective of human capital. The current study analyses the interactive coupling mechanism between human capital and sustainable economic growth. The research revealed that Indian human capital and sustainable economic growth gradually increased. The principal axis factor analysis and stepwise regression analysis were carried out for the study. The sample of 375 respondents was drawn from male and female respondents from India and a structured questionnaire was developed consisting of 5 demographic questions and 12 questions related to the core of the study. Therefore, sustainable economic growth lagged in human capital development, and it should be prior to early enrichment. The study examines the proximity degree of coupling coordination of human capital and sustainable growth and concluded that a mild imbalance to slight coordination has a presence.