India to Become Largest Populated Country - IE - 23/12/22
It is estimated that around April 2023, India’s 1.43 billion people will exceed China’s population.
In 2022, China will for the first time register an absolute decline in its population.
->Drivers of these Shifts:
i. Mortality and Fertility-
Crude Death Rate (CDR) ; Life Expectancy at Birth ; Total Fertility Rate
ii. Sustained Lows in TFR: Populations can keep growing even with TFRs falling. De-growth requires TFRs to remain below replacement levels for extended periods.
-Having the most people on the planet could prove to be a big negative for India unless it can provide food, education, housing, health services and jobs to its people. The scale of this challenge is gigantic.
-Across India, water scarcity is a chronic issue. All these needs are crucial but by far the single most important thing for India to do is to generate jobs. The scale of this particular challenge is truly daunting.
-Claim for permanent member at UNSC: If India becomes the largest country, it will give Indians a claim to be the permanent member of the Security Council.
-Increase in Fiscal Space: Fiscal resources can be diverted from spending on children to investing in modern physical and human infrastructure that will increase economic sustainability of India.
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