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This was one of the six pillars of the Union Budget for the year 2021 for my country.It would be great if someone can explain me this.

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It's a term that refers to human productivity and experience. Here's a great definition for it from Investopedia:

https://www.investopedia.com/terms/h/humancapital.asp

They're saying they want to get people motivated to be productive again, basically.

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