“There is nothing worth living in India, so I want to settle abroad”. I have heard it many often, I think you’ve heard it as well!
Well, I just have one thing to tell them, “there is no place like ‘home’”.
India has had tremendous growth in the last few years in every sector. From Neeraj Chopra throwing a javelin to Harnaz Sandhu, the miss universe. We have a fierce rivalry. On the annual world competitiveness index, India has risen six positions to 37th place. India’s economic performance has improved as a result of the ranking change, moving up from 37 to 28 in 2022.Government efficiency increased from 46 to 45 in 2022, whereas business efficiency rose significantly from 32 to 23 in that same period. Indian natural resources are abundant.3,57,000 hnwis live in India, which has the fifth-largest economy in the world and 128 billionaires. India is viewed as one of the world's potential superpowers. The well-regulated and one of the most liquid bond markets in Asia is the one in India. Despite this, India is one of the best-managed countries in the world when it comes to the banking industry. The Indian pharmaceuticals sector ranks third globally in terms of volume and fourteenth globally in terms of value. Over 80% of agricultural produce items are produced in India, which is among the top five producers worldwide. We are in the forefront everywhere and also in population. India has replaced china as the most populated nation in 2023.India is euphoric as it dominates the global competition day by day, however the country is in despair due to the rising population rate.
We must ask ourselves: do we have enough resources to support an expanding population? We are gradually switching to electric vehicles in place of gasoline, solar energy in place of coal, and paper in place of plastic, but is this enough?
Obviously not,
The population of India peaked in 1981 at 2.22 percent and has been declining ever since. The population increased by as much as six times in little under a century. According to estimates, India has grown by roughly 200 million since 2000. By the middle of the century, we can expect 300 million and 400 million people. India is a highly populous nation, which has significant effects on problems like unemployment, extensive resource use, unequal income distribution, etc. Well, I was initially talking about overpopulation as a caution but do you really believe that this is a problem?
Well, I don't discount data or facts, but I'm not convinced that population growth is the basis of all ills. I have my reason for justification. People frequently assume that India's constantly expanding population is a burden for the country, yet a country's population may also be an asset. Our soft power is our population. Although India's population presents a few challenges, but it still holds the most power. Anywhere in the world, we may find Indians who are ambassadors for India. Indian students are the best among International students studying in Korea and the USA!
You know what’s the best aspect of the increasing Indian population? We are young!
With 356 million 10-24 years old, India has world’s largest youth population despite having smaller population . India’s median age in 2010 was merely 25.2 years. The potential economic gains would be realised through a demographic dividend. ‘never before have there been so many young people, never again is there likely to be such potential for economic and social progress’. More population brings more consumer base, increase in consumer base generate economy. Investing in human capital generates higher economy. Magnitude of demographic dividend has potential to lift hundreds of millions of people out of poverty and raise living standards and catapult economics forward. Youth contributions to India's gni [gross national income] amount to roughly 34percent. 83 percent of young people express interest in work in the digital economy when it comes to emerging industries like digital.India has large pockets of definitive opportunities where problems are waiting to be solved and this could be done by having skilled workforce! A skilled youth workforce will benefit every industry. Therefore, there is a real need for attention and effort in this direction.
Do you want to know some areas where Indians youths with essential skills can have green career?Okay! Here it is.
Digital natives and repository of new age skills: over the past decade, a steady rise in number of qualified engineers and technologists to the global workforce. It is at forefront of technologies such as data science, machine learning and AI. For these several public and private initiatives aim at imparting skills to youth. One such example is the ‘government’s skill India mission’, which aims to empower the youth with adequate skill sets that will enable them to work in relevant sectors.
Rising opportunities for job creation and entrepreneurs: disrupting technologies, manufacturing automation internet-based services and sales have influenced a start-up culture, creating more opportunities that young and qualified Indians are tapping, India’s large population is also a market for these young entrepreneurs who are creating services such as healthcare wellness etc. Government initiatives such as 'Pradhan mantri mundra yojana' have further enabled entrepreneurship and employment opportunities.
I have personally moved a lot in terms of investment after watching shark tank, let me pour some statistics on super nation’s view on investing in India. Since 62.5 percent of Indians are between the ages of 15 and 59, India will continue to have a demographic edge through the year 2055. This is a compelling investment opportunity, both for domestic and FDI capital. By 2025, India has the potential to draw FDI of between us$120 and us$160 billion annually, according to CII and EY. Due to its skilled and young labour force, investors are already looking at India as a potential Investment Centre. Making investments in manufacturing in India is encouraged by programmes like the make in India Programme, where the labour is a crucial distinction. Many international brands have established their factories in India because they recognise the benefits of having a labour pool and a significant market in the same nation.
India is continually and quickly expanding. We must acknowledge that India's expanding young population will serve as a driver for the country's overall development. Well, I agree that with advantages comes disadvantages too but believe me we can strike a good balance by being champ at attaining knowledge at developing skills in every sector.
#overpopulation #India #Indianblogs
Write a comment ...