According to SBI's Economic Research Department (ERD) Report, India's Population Growth is on a Downward Trajectory.

Banking & Finance

According to the latest report from SBI's Economic Research Department (ERD), India's population growth is experiencing a downward trajectory. The report highlights various factors contributing to this trend, including declining fertility rates, increased awareness regarding family planning, and improved access to education and healthcare. As a result, projections indicate that India's population may peak sooner than previously anticipated, potentially reaching 1.5 billion by 2030. This shift in demographic dynamics could have significant implications for economic planning, labor markets, and social policies. Policymakers are urged to adapt to these changes to ensure sustainable development and resource management.


      Declining population growth may ease pressure on resources, allowing for better allocation of food, water, and healthcare.

      A smaller population can lead to increased job opportunities and improved living standards, fostering economic stability.

     

 

     


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