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Introduction:
In just eight years, India is projected to surpass China as the world’s most populous country.According to estimates in a new United Nations report released on Monday, India is also expected to add 273 million people by 2050 and will remain the most populated until the end of the century. The report stated that in 2019, India has an estimated population of 1.37 billion and China 1.43 billion and by 2027, India’s population is projected to surpass China’s. The global population is projected to increase by another 2 billion people by 2050, from 7.7 billion in 2019 to 9.7 billion thirty years down the line. The report has highlighted higher fertility rates, growing older population and migration are few reasons for projections of the population growth. Health economists claim that the major implications of population growth will be increase in young and older population that will face a lack of resources in future.
Basics:
What is World Population Prospects 2019?
The 2019 revision of the World Population Prospects is the twenty-sixth edition of the official United Nations population estimates and projections. It presents population estimates from 1950 to the present for 235 countries or areas, underpinned by analyses of historical demographic trends. This latest assessment considers the results of 1,690 national population censuses conducted between 1950 and 2018, as well as information from vital registration systems and from 2,700 nationally representative sample surveys. The 2019 revision also presents population projections to the year 2100 that reflect a range of plausible outcomes at the global, regional and country levels.
What is Demographic Dividend?
Key findings from World Population Prospects 2019:
Challenges:
Way Forward:
Analysts believe that India’s growing population can be a double-edged sword and the country needs to put in place the right policies to maximize the potential of its people by enhancing the state of education, health and infrastructure, so that India figures at better in various human development rankings.
It is imperative that policy-makers deal with the situation on multiple fronts. Universal education, value-added skills accretion and massive growth in employment in the formal sectors should be the key focus areas. Unfulfilled aspirations of the youth can quickly turn to frustration, leading to violent outbursts. There is also a need to engage with the youth and create an enabling environment for entrepreneurship. Failure to do so would not just mean a missed opportunity in terms of harnessing the demographic dividend, but the ensuing rise in unemployment and poverty could undermine the advances made on the economic front and foment societal upheaval.
By: DATTA DINKAR CHAVAN ProfileResourcesReport error
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