![]() After that, India s population is projected to continue growing for several decades to around 1.5 billion in 2030 and approaching 1.66 billion in 2050, while the population of China is projected to remain stable until the 2030s, after which it may begin a slow decline. The new estimates released here today said that in 2024, India and China are expected to have roughly a population of 1.44 billion each. In its 24th round of estimates released in 2015, it was projected that the population of India will surpass that of China’s by 2022. The 2017 Revision of World Population Prospects is the 25th round of official UN population estimates and projections. “In roughly seven years, or around 2024, the population of India is expected to surpass that of China,” the report said. The World Population Prospects: The 2017 Revision, published by the UN Department of Economic and Social Affairs, said that currently China with 1.41 billion inhabitants and India with 1.34 billion remain the two most populous countries, comprising 19 and 18 % of the total global population. That means India, like China, will begin aging sooner rather than later.United Nations: India’s population could surpass that of China’s around 2024, two years later than previously estimated, and is projected to touch 1.5 billion in 2030, according to a UN forecast. So, our population is going to decline very rapidly,” Muttreja said. “Women want to have two or less than two children at an average. India only has a narrow window to reap a demographic dividend from its young people - as education improves and incomes grow, women are having fewer children and birth rates have dropped below replacement level, according to latest data. As a huge vote bank, she hopes the government will pay more attention to the needs of its youth population. “Provide us the right skills, because what we are being taught right now in college is not very relevant in our jobs,” said Ishita Sud, an undergraduate student at one of Delhi University’s most prestigious colleges. That is also what many students want in a country where experts have long voiced concerns that most schools and universities do not pay enough attention to creative thinking but emphasize rote learning. Pointing out that access to smartphones has increased exposure and fired aspirations through towns and remote villages, she warns that failure to provide enough opportunities “would lead to social strife, it would lead to a lot of young, unemployed, frustrated, unhappy people. She says while momentum has picked up, it is still slow. Identify areas where job opportunities are going to open up in the future,” Muttreja said. “There are two things: One is skilling the new generation, the other is to enhance the skills of those who don’t have top of the line skills to be more productive. “Obviously we need to do a lot more.”Ĭoncerns mainly center around India’s lesser developed, poorer northern states such as Uttar Pradesh and Bihar, where education levels are lower and the population is growing more quickly compared to southern states that slowed their population growth rates faster as literacy levels improved. “That number is not acceptable, it has to be much higher,” said Quraishi. To achieve that potential, experts stress that policy makers must move quickly to improve access to quality education - only about 5% of the country’s workforce has undergone formal skills training. India, which has a huge youth population, can emerge as a huge market and be a labor resource. I don’t have the capital obviously but if younger India has the ideas, we can carve our way through.”Ī market in Gurugram near New Delhi. Entrepreneurship is the solution,” points out Aran Gulia, another college student. “More people, less jobs, more competition - the big population is a disadvantage for us,” said undergraduate student Anmol Jain, who fears that entrance examinations for a postgraduate course that he is preparing for will become even more fiercely competitive.īut there is also optimism among those who see India’s youth bulge as representing dynamism and opportunity. ![]() While India’s economy has recovered from the slump due to the COVID-19 pandemic, and is now the world’s fastest growing major economy, only about 40% of its workforce is employed or is even looking for jobs, according to estimates.Ĭollege students are perturbed about what this means for their future. ![]() That worries many young people in a country where the unemployment rate has been stubbornly high in recent years. The numbers are daunting - there are already 900 million working age people and that number is set to hit the billion-mark by the end of the decade. For example, India will need to create 90 million non-farm jobs before the end of the decade,” he pointed out.
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