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PLICATIONS OF GROWING POPULATION IN India

Population growth and its relation to economic growth has been a matter of debate for over a century. The early Malthusian view was that population growth is likely to impede economic growth because it will put pressure on the available resources, result in reduction in per capita income and resources; this, in turn, will result in deterioration in quality of life. Contrary to the Malthusian predictions, several of the East Asian countries have been able to achieve economic prosperity and improvement in quality of life in spite of population growth. This has been attributed to the increase in productivity due to development and utilization of innovative technologies by the young educated population who formed the majority of the growing population. These countries have been able to exploit the dynamics of demographic transition to achieve economic growth by using the human resources as the engine driving the economic development; improved employment with adequate emoluments has promoted saving and investment which in turn stimulated economic growth.

Following are the adverse effects of population growth on the Indian Economy:

1.adverse effects on savings

2. unproductive investment

3.slow growth of Per Capita Income

4.underutilization of labour

5.growing pressure on land

6.adverse effect on quality of population and

7.adverse social impact

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14y ago

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