Significance of Population Growth in India

In this article we will discuss Significance of Population Growth
in India

In this article, we will discuss Significance of Population Growth in India. So, let’s get started.

Significance of Population Growth

  • A larger population is perceived to mean greater human capital, higher economic growth and improved standards of living.
  • Better economic growth is brought about by increased economic activities due to higher working age population and lower dependent population.
  • In the last seven decades, the share of the working age population has grown from 50% to 65%, resulting in a remarkable decline in the dependency ratio (number of children and elderly persons per working age population).
  • As per the WPP 2022, India will have one of the largest workforces globally.
  • In the next 25 years, one in five working-age group persons will be living in India.

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