In April, the United Nations Population Fund (UNFPA) estimated that India’s population would hit 1.43 billion by mid-2023, against China’s 1.4257 billion. In light of this, concerns have arisen over whether the country can leverage this status or if it will succumb to the burden.
During his Independence Day speech in 2019, PM Narendra Modi made it clear that the government views population explosion to be a hindrance to India’s development. The concern isn’t illogical, as a high population burdens the environment and dries employment opportunities.
However, in the case of India, there is a chance that the boom could be leveraged, given its unique demographic advantage, which can be harnessed to drive significant progress in employment generation, bridging the gender gap, and safeguarding the environment.
India can simultaneously foster inclusive growth and sustainable development by capitalising on this immense human capital.
Employment Opportunities:
India’s abundant population also translates into a vast talent pool that can help drive economic growth. In order to leverage this, the government must focus on key areas:
#DYK? At 378 million, India🇮🇳 is home to the largest population of adolescents & youth in the 🌏.
— UNFPA India (@UNFPAIndia) June 6, 2023
To unlock their full potential, good health & well-being is the key.
Stay tuned for the #G20 @MoHFW-@PMNCH co-branded event, “Health of Youth-Wealth of Nation”.#YouthHealthMatters pic.twitter.com/38PhSZefZO
a) Entrepreneurship and Skill Development: Encouraging entrepreneurship by providing access to finance, mentorship, and incubation centres can help unleash the innovative potential of young talent. Simultaneously, investing in skill development programs that align with industry demands will help equip individuals with the necessary expertise, bridging the gap between education and employability.
b) Promoting Job-Centric Sectors: Sectors such as manufacturing, services, digital technology, and renewable energy hold the potential to create a wide range of employment opportunities. Adopting favourable policies, infrastructure development, and attracting domestic and foreign investments are vital for the growth of these sectors.
India’s population has become 142.8 crores in 2023, crossing China to become the most populous country in the world.#UNFPA #SOWP #IndiaPopulation #PopulationGrowth #Demographics #India #Population #China #BirthRate #Birth #PopulationControlLaw pic.twitter.com/ZdUShe8A2P
— The CSR Journal (@thecsrjournal) April 19, 2023
Bridging the Gender Gap:
In a scenario where the male population still outnumbers the female population, promoting gender equality and ample opportunity for women is essential.
a) Education and Employment: Improving access to quality education for girls and ensuring equal opportunities in higher education will allow women to pursue diverse careers. Moreover, encouraging gender diversity in traditionally male-dominated sectors and promoting female entrepreneurship can foster economic independence and bridge the gender gap in employment.
b) Social Empowerment and Safety: The government must implement stringent laws and initiatives to combat gender-based violence and female infanticide to create a safe and inclusive society. Encouraging participation in decision-making processes and leadership roles will help amplify women’s representation and promote gender parity.
While India's population at 1.4 billion has surpassed that of China's, the "latest big news" is that the population growth is below the replacement fertility rate in India and it has a "window of opportunity", according to @Rachel_C_Snow#india #population @UNFPA@UNFPAIndia pic.twitter.com/YbJbV2odEF
— Pune Mirror (@ThePuneMirror) April 20, 2023
Environmental Sustainability:
As the population continues growing, India must ensure sustainable economic growth.
a) Conservation and Resource Management: India must embrace sustainable practices, including efficient waste management, afforestation initiatives, and water conservation programs. Public awareness campaigns and community involvement should complement this.
b) Transition to Renewable Energy: As the climate change crisis worsens, the government must divert investments to renewable energy infrastructure, research, and promoting clean technology adoption to reduce carbon emissions.
Harnessing the Young Demography:
Moreover, India’s youthful demographic offers a distinct advantage that can be capitalised upon. Prioritising education and skill development for the youth, particularly by encouraging entrepreneurial spirit among the young population, can fuel job creation and economic growth.
India stands at a crucial juncture, armed with a high population that can drive positive change. By effectively leveraging this demographic advantage, India can address employment challenges, close the gender gap, and safeguard the environment.