Population Growth's Effects on Emerging Nations' Economic Development with Special Reference to India

Abstract

The primary goal of this research is to determine how India's high population expansion has affected the country's economic progress. An economy experiences economic development as its output level rises in tandem with technological advancements, higher living standards, and other improvements. Given that India is the second most populous nation in the world, this is crucial. Economic development is intimately associated with population increase. In developed nations, a lack of labor will impede economic progress; meanwhile, in emerging nations, a high birth rate may put further strain on finite renewable resources. Real income growth is a key indicator of economic development. Increased population increase has negative effects on economic development, including decreased employment, a slower rate of capital creation, higher investment requirements, issues with food and agriculture, a negative impact on GDP, poverty, and many other issues. Population growth may have both positive and negative consequences on society. Positive implications include higher tax bases, innovation, and consumer spending at local companies. increase in population. The present study aims to examine the impact of population expansion, both positive and negative, on economic development in emerging nations.