IMPACTS OF POPULATION EXPLOSION ON INDIAN ECONOMY

Population growth causes an increase in impoverishment in agricultural countries in more than one manner. To begin with, rapid population growth consumes a large portion of annual rises in public pay accomplished by expansion in venture or capital development, so per capita pay or level of government aid doesn't build much. As a result, investment funds and the rate of capital development remain low, resulting in a fall in per capita pay and an increase in total value, resulting in a dramatic increase in average cost for essential products. No advancement in agrarian and modern innovation, lack of basic wares, low expectation for everyday life, mass joblessness, and so on. Populace development and improvement, discovered that with rapid development of populace and workforce, more assets should be utilised for extension of social consumption on parks, medical clinics, streets, houses, and so on, and little assets are left for expansion. This stifle greater pay-per-capita development. In this regard, a continuous cycle of destitution works. Rapid population growth reduces work usefulness, which leads to poverty; neediness leads to a high ripening rate, which leads to rapid population growth. It is hardly surprising, however, that according to the Rangarajan Expert Committee's destitution measurements, 400 million people in India lived below the poverty line in 2011-12. As a result, an immature nation's whole economy is ringed by a continuous cycle of neediness.