impact of population growth on unemployment in india in economic
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Answer:
The population of India represents 17.99% of the world´s total population which arguably means that one
person in every 6 people on the earth is a resident of India. India is the second most populated country in
the world and is believed to surpass the population of China in coming years. India is projected to be the
world’s most populous country by 2024. Its population growth rate is 1.13%, ranking 112th in the world in
2017. More than 50% of Indian population is below the age of 25 and more than 65% below the age of 35. It
is expected that in 2020 average age of an Indian will be 29 years and dependency ratio will be just over 0.4.
Persons are means as well as ends of economic development. They are an asset if in adequate strength and
prove to be a liability if excess in strength. Population has crossed the optimum limit in India and has
become a liability. So problem of population explosion in India has proved to be a big hindrance in the
success of economic planning and development.
Population is means as well as ends of economic development in India. It an asset if in adequate
strength and prove to be a liability if excess in strength. Population has crossed the optimum limit in India
and has become a liability. So problem of overpopulation in India has proved to be a big obstacle in the
success of economic planning and development. The current population of India contributes to 17% of the
global population. Also, all these people are unevenly distributed across 3.28 million square kilometres of our
geographical area.
According to the 2001 Census, Uttar Pradesh is the highest populated state in India with a total number
of 166 million people. While on the other hand, states like Sikkim and Lakshadweep have the lowest population
of 0.5 million in Sikkim and only 60000 people in the island state of Lakshadweep. Furthermore, about half of
the India’s population is distributed into five major states- Uttar Pradesh, Maharashtra, Bihar, West Bengal, and
Andhra Pradesh. Though Rajasthan is the largest state in size, its population contributes to only 5.5% of the total
population of India.
Answer : A rapidly increasing population causes many problems including unemployment. It reduces savings income and investment . Capital formation is retarded and job opportunities are reducing resulting unemployment. As result unemployment is increasing . India has backlog of unemployment which keeps on growing with increasing population . It adversely affect the Indian economy.
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