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India's Growing Population

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India's Growing Population
Ganesh Jaitmal
Asst. Professor, Dept. of Economics,
Sangamner College, Sangamner

India’s Growing Population
Abstract
The population explosion is a curse for the developing countries like India, the population explosion is a curse and is damaging to the development of the country and its society. The developing countries already facing a lack of their resources, and with the rapidly increasing population, the resources available per person are reduced further, leading to increased poverty, malnutrition, and other large population-related problems. The present paper will try to stress the issue of a growing population.

Introduction:
The demographics of India are inclusive of the second most populous country in the world, with over 1.21 billion people (2011 census), more than a sixth of the world's population. Already containing 17.5% of the world's population, India is projected to be the world's most populous country by 2025, surpassing China, its population reaching 1.6 billion by 2050. Its population growth rate is 1.41%, ranking 102nd in the world in 2010. Indian population reached the billion mark in 2000. India has more than 50% of its population below the age of 25 and more than 65% below the age of 35. It is expected that, in 2020, the average age of an Indian will be 29 years, compared to 37 for China and 48 for Japan.
Economy of India :
The Economy of India is the ninth largest in the world by nominal GDP and the fourth largest by purchasing power parity (PPP) The country is one of the G-20 major economies and a member of BRICS, and ASEAN. The country's per capita GDP (PPP) was $3,408 (IMF, 129th in the world) in 2010, making it a low-Income country. India recorded the highest growth rates in the mid-2000s, and is one of the fastest growing economies in the world. The growth was led primarily due to a huge increase in the size of the middle class consumer population, a large workforce comprising skilled and non-skilled workers, good

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