Economic Implications of Population Growth in India

Abstract

The size of the population largely influences the economic condition of any country. With India being the largest country in the world in terms of population increase of even one percent ends up having a significant implication. Population growth is an increase in the number of people in a population. Traditionally it is measured by the rate at which the population of a population grows over a specific time period, often expressed as a percentage of (initial) population size. Economic implications of population expansion: The economic implications of population expansion denote the effect on the condition of economy of variations in population size and composition. These effects operate through several channels such as labor markets, consumption behavior, investment in human capital, and entailing overall economic development of a country.