Effect of population on indian economy. (PDF) Rapid Population Growth and Its Effect on Economic Development of India 2022-12-19
Effect of population on indian economy Rating:
India is the second most populous country in the world, with a population of over 1.4 billion people. Its large population has had a significant impact on the Indian economy, both positive and negative.
On the positive side, India's large population provides a large domestic market for goods and services. This can be a major advantage for domestic companies, as they have a ready-made market for their products. The large population also provides a large pool of labor, which can be a major source of economic growth.
However, India's large population also presents challenges for the economy. One of the major challenges is the issue of overpopulation. With such a large population, there is increased competition for resources such as land, water, and food. This can lead to resource depletion and environmental degradation.
Another challenge is the issue of unemployment. Despite the large labor pool, India has a relatively high unemployment rate, particularly among the youth. This is due in part to the country's inability to create enough jobs to keep pace with population growth.
Additionally, India's large population puts a strain on the country's infrastructure and public services. The country's roads, hospitals, and schools are often overcrowded and underfunded, leading to poor quality of life for many citizens.
Overall, the effect of population on the Indian economy is mixed. While a large population provides a domestic market and labor pool, it also presents challenges such as overpopulation, unemployment, and strain on infrastructure. To address these challenges and maximize the potential benefits of its large population, India will need to invest in education, job creation, and infrastructure development.
Effects of Inflation on Indian Economy: Results of Inflation, Investments
In fact, the process of " othering " has always at work whenever the issue of Muslim minority is raised. During the first 15 years of planning food production per head declined from 12. The average annual per capita income is very low. Agriculture and government sectors are likely not to see any contraction. In India about 45 million people are registered unemployed. The pace of poverty reduction in the past decades - despite comprehensive and mammoth schemes - has been slow.
Yes, that huge number is no joke as each of the people in this massive number of digits is a responsibility to the government of the nation. Retrieved 18 May 2020. This trend has not improved much in spite of green revolution. It is not monitored and tax by the government and no as such protection is given; calculate 90 percept of Indian economy covering wide ranges of economic activities. Retrieved 20 March 2020.
What are the effects of growing population on the Indian economy?
Living standards Poverty is a huge dominating factor to this issue. Social Constructs Our traditional India believed in a dominant male society, and thus, a male heir is of much higher value than that of a female child. China has high-tech while India has the businesses and consumers to use them. Retrieved 11 May 2020. This is actually lower than in the previous few years.
Retrieved 26 May 2020. The regions where the rate of the population growth is significantly high should be noted off, and proper action should be taken for them in particular. Tourism sector holds strategic importance in the Indian economy providing several socio economic benefits. This consisted of cash transfers and steps to ensure food security. The Service, Agriculture and Mining sectors supported the growth by these economies. The key industries in are information technology, telecommunications, hotels, banking, media and tourism. Retrieved 21 May 2020.
(PDF) Rapid Population Growth and Its Effect on Economic Development of India
Retrieved 13 June 2020. Despite India being the third largest economy in the world, it is still placed at 116 th and 130 th ranks in terms of per capita income and HDI respectively, hence Over-population in any country threatens its development in all aspects. Following are the main effects of population explosion: 1. Retrieved 11 August 2020. Retrieved 25 April 2020.
Effect of Population Explosion on the Indian Economy
Our population is continuing to grow at a very fast rate. Retrieved 22 April 2020. Conclusion Thus, we can all conclude that this rapid population growth is a very concerning issue as it can prove to be damaging to almost every aspect of the nation. Retrieved 3 April 2020. The resulting inflation forced India's central bank to raise its interest rates. Socioeconomic status is largely determined by geography. The sample size of this study is six hundred and forty eight 648 respondents drawn from 4 clusters, where each bank represented one cluster and one hundred and sixty-two 162 respondents were selected randomly from each cluster.
The result reveals that among specific determinants, Trade Openness, Trade Balance and Gross Domestic Products are the significant factors which are useful in prediction of FDI in Service sector. When this happens unemployment rates rise, the purchasing power of the consumer decreases, credit becomes expensive. India is now ranked one of the top producers in agriculture and is a top nation in terms of GDP in a developing country. India also needs to break free of gender discriminations. The Indian Government equates poverty with… Essay Topics for Mba Enterance Topic 1 India is the second most populated country of this world. Retrieved 22 April 2020.
From an individual to the whole of humanity would be the new principle and way of life. The rapid growth of population brings in the most noticeable changes in almost all parameters of the national statistics. If there is cooperation between India and Pakistan and not conflict, vast opportunities will open up for trade, travel and development that will create prosperity and sustainable peace in both nations. In 2017, its population growth rate of 1. With India as an example we will discuss Malthus, the population growth theory and see if Malthus theory was maybe mistaken in the past but has some valid aspects today. Retrieved 15 May 2020.
That will offset the growing power of China in the region. Retrieved 5 December 2021. Further, Lack of official recognition of the informal sector which employs the urban poor ensures that they stay out of the formal financial system of the country. Provision of employment, income and foreign exchange, development or expansion of other industries such as agriculture, construction, handicrafts etc. Hence it can be concluded that the impact of flow of FDI on Indian capital market is significant.
(PDF) IMPACTS OF POPULATION EXPLOSION ON INDIAN ECONOMY
As a result, improving production methods is impossible. No improvement in agricultural and industrial technology, shortage of essential commodities, low standard of living, mass unemployment etc. The findings of this study have implication for policy makers on youth and migration. Thus, neither their conditions develop, nor does there is any depletion in the population explosion stats. People must spend a lot of energy and resources in raising their wards.