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ITIHAS The Journal of Indian Management
Year : 2016, Volume : 6, Issue : 1
First page : ( 9) Last page : ( 16)
Print ISSN : 2249–7803.

A Critical Study of Human Resource Development Practices in Selected Indian Industries

Archana P.1, Prof. Krishna B. Murali2,,3

1Research Scholar, Department of Business Management, Bharathiar University, Coimbatore

2Director, Samatha College, Bharathiar University, Coimbatore

3Supervisor, Department of Business Management, Bharathiar University, Coimbatore

Online published on 8 August, 2016.

Abstract

Human Factor is the most important resource that makes the difference amongst nations as well as the organizations. According to World Bank's Assessment of 192 countries on an average physical capital which claims itself as the most important proactive wealth accounts only for 16 percent of the total wealth, natural capital accounts for 20 percent but the ‘human capital’ accounts for 64 percent. Human capital is the only resource with an apparent potential to develop better ideas and get appreciated over the time period. Human capital refers to the knowledge and skills of the individuals which acquired and developed through education, training and experience. This paper focused on HRD practices in various industries.

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Keywords

Resource Development, World Bank, Human Capital, knowledge etc.

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