Introduction: An educated individual can observe, perceive and plan in a more effective and efficient manner than one who is uneducated. An educated workforce will therefore invariably yield a greater economic output for the state that invests in its education. The initial cost of investment to yield such a workforce may appear to be substantial at first; however, it must be noted that the equitable distribution of quality education that is formally standardized in a state has many long term positive effects:- (1) Generation of human capital (through an educated, and thereby, qualified workforce); (2) Reductions in population growth rates & gender inequalities and (3) Attraction of national and foreign investment (MNCs, NGOs and private enterprises desire qualified human capital).
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