How is health a source of human capital formation?

Health is a very important source for human capital formation. A healthy person will always be more productive and contribute to the nation than an unhealthy person. Expenditure on health will directly supply the nation with a healthy workforce. You can read about the Human Capital Index – Key Areas of Measurement, Objectives and Significance in the given link.

Further readings:

1. Topic-Wise GS 3 Questions for UPSC Mains
2. Human Development Report – HDR 2020, 5 Indices, Gender Development Index