Excessive population a liability to indian economy meaning
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India's largest population can become liability rather than an advantage as limited progress in human resources development has been made Infosys chairman N R Narayana Murthy tells.
"India's present rate of population inflation translates into 16 million more Indians every year thus increasing almost 18 million a year by 2016 and failure to stabilize this population will have an important implication for future of India's economy" he said during a lecture on 'Population and economic development in India' in Mumbai.
Excessive population is liability to Indian population. When the population crosses the optimum limit in India, it acts as a hinderance in the success of development and economic planning. Excessive population will be responsible for many problems such as investment requirement, capital formation, food problem, per capita income, unemployment, poverty, low living standard, pressure on land and environment and other such problems arises.