According to the United Nations’ population projections, India’s population is expected to reach 1.428 billion by 2023, surpassing China’s as the world’s most populous country. The report states that India’s population is growing at a rate of 1.1% per year, while China’s population has slowed to a growth rate of just 0.5% per year.
The shift in population could have significant economic and geopolitical implications, as India’s population will be four times the size of the United States and more than twice the size of China’s by 2030. Some experts believe that this population shift will lead to India becoming the next global economic superpower.
However, India still faces significant challenges in managing its population growth, including providing adequate education and job opportunities for its youth. The Indian government has launched several initiatives to address these issues, including the Skill India program, which aims to provide training and job opportunities to 400 million Indians by 2022.
Additionally, India’s rapidly growing population will put a strain on the country’s resources, including water, food, and energy. India will need to continue investing in sustainable development and renewable energy sources to ensure that its population growth is sustainable in the long term.
The report also highlights the importance of investing in education and professional skilling of youth to ensure that the country can harness the potential of its growing population. This will require significant investments in education and vocational training programs, as well as policies that promote entrepreneurship and innovation.
Overall, India’s population surpassing China’s marks a significant milestone in the country’s history, but also highlights the need for continued investment in sustainable development and human capital if India is to realize its full potential as a global economic power.
