{"id":4454,"date":"2007-07-25T07:09:57","date_gmt":"2007-07-25T07:09:57","guid":{"rendered":"http:\/\/www.patheos.com\/blogs\/drishtikone\/2007\/07\/population-growth-and-economic-future-india\/"},"modified":"2007-07-25T07:09:57","modified_gmt":"2007-07-25T07:09:57","slug":"population-growth-and-economic-future-india","status":"publish","type":"post","link":"https:\/\/www.patheos.com\/blogs\/drishtikone\/2007\/07\/population-growth-and-economic-future-india\/","title":{"rendered":"Population Growth and the Economic Future of India"},"content":{"rendered":"<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\">\n<html><head><meta http-equiv=\"content-type\" content=\"text\/html; charset=utf-8\"><meta http-equiv=\"content-type\" content=\"text\/html; charset=utf-8\"><\/head><body><p>From various articles and thought leaders it seemed that the economic future of India is very bright.  It might as well be.  But the population growth that will propel India in the next 40 years or so will become it own downfall in the years after 2050!  That is when the burden of the high population will start affecting the country with more old people roaming around.<\/p>\n<p><a href=\"http:\/\/news.bbc.co.uk\/2\/hi\/south_asia\/6257057.stm\" target=\"_blank\" class=\" decorated-link\" rel=\"nofollow\">Here<\/a> are some stats and figures from the BBC that are extremely insighful of the future of India.<\/p>\n<p><a href=\"http:\/\/photobucket.com\" target=\"_blank\" class=\" decorated-link\" rel=\"nofollow\"><img decoding=\"async\" src=\"https:\/\/i43.photobucket.com\/albums\/e375\/deshkapoor\/Agegroupdist.gif\" border=\"0\" alt=\"Photo Sharing and Video Hosting at Photobucket\"><\/a><\/p>\n<blockquote><p>In 2000, a minority of the population was over 60, but by 2050 retired people will form a significant part of society. This raises questions about how they will be supported, as fewer than 10% have pensions.<\/p>\n<p>More than 65% of people live in rural areas, but migration to the cities is accelerating.<\/p><\/blockquote>\n<p><!--break--><\/p>\n<p><a href=\"http:\/\/photobucket.com\" target=\"_blank\" class=\" decorated-link\" rel=\"nofollow\"><img decoding=\"async\" src=\"https:\/\/i43.photobucket.com\/albums\/e375\/deshkapoor\/popgrowthcomparison.gif\" border=\"0\" alt=\"Photo Sharing and Video Hosting at Photobucket\"><\/a><\/p>\n<p><b>WEALTH DISTRIBUTION IN INDIA<\/b><br>\n<i>(worth pausing on the two figures in bold!)<\/i>***<\/p>\n<ul>\n<li>Top 1%: 16% of wealth <\/li>\n<li>Top 5%: 38% of wealth <\/li>\n<p><b><\/b><\/p>\n<li>Top 10%: 53% of wealth <\/li>\n<li>Bottom 80%: 30% of wealth <\/li>\n<p><\/p>\n<li>Bottom 50%: 8% of wealth <\/li>\n<li>Bottom 20%: 1% of wealth <\/li>\n<li>Bottom 10% 0.2% of wealth <\/li>\n<\/ul>\n<p><i>Source: University of Western Ontario, 2006 <\/i><\/p>\n<p>*** To understand this in more stark contrast \u2013 read the article on McKinsey suing Reliance for dues (Rs 24 crores).  <a href=\"http:\/\/www.rediff.com\/money\/2007\/jul\/23mac.htm\" target=\"_blank\" class=\" decorated-link\" rel=\"nofollow\">Here is a comment<\/a> by one of the readers that shows how the rich use the poor and the middle class to fill its own pockets while they keep waiting for their legitimate moneys:<\/p>\n<blockquote><p>\tReliance Sucks Blood of even their employees<br>\nby manoj kumar on Jul 23, 2007 11:49 AM<\/p>\n<p>I was working with reliance for two years amd i can say thatthey dnt even leave theeir employees. My PF was half sucked by the PF trust ofReliance lot of deductions including the handset Shifting charges i had too pay back with interst. Appraisals and PLI for this year till now not realised.<\/p><\/blockquote>\n<p><a href=\"http:\/\/photobucket.com\" target=\"_blank\" class=\" decorated-link\" rel=\"nofollow\"><img decoding=\"async\" src=\"https:\/\/i43.photobucket.com\/albums\/e375\/deshkapoor\/largesteconomies.gif\" border=\"0\" alt=\"Photo Sharing and Video Hosting at Photobucket\"><\/a><\/p>\n<\/body><\/html>\n","protected":false},"excerpt":{"rendered":"<p>From various articles and thought leaders it seemed that the economic future of India is very bright.  It might as well be.  But the population growth that will propel India in the next 40 years or so will become it own downfall in the years after 2050!  That is when the burden of the high population will start affecting the country with more old people roaming around.<\/p>\n<p><a href=\"http:\/\/news.bbc.co.uk\/2\/hi\/south_asia\/6257057.stm\" target=\"_blank\">Here<\/a> are some stats and figures from the BBC that are extremely insighful of the future of India.<\/p>\n<p><a href=\"http:\/\/photobucket.com\" target=\"_blank\"><img decoding=\"async\" src=\"http:\/\/i43.photobucket.com\/albums\/e375\/deshkapoor\/Agegroupdist.gif\" border=\"0\" alt=\"Photo Sharing and Video Hosting at Photobucket\"><\/a><\/p>\n<blockquote><p>In 2000, a minority of the population was over 60, but by 2050 retired people will form a significant part of society. This raises questions about how they will be supported, as fewer than 10% have pensions.<\/p>\n<p>More than 65% of people live in rural areas, but migration to the cities is accelerating.<\/p><\/blockquote>\n","protected":false},"author":1517,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15,33],"tags":[],"class_list":["post-4454","post","type-post","status-publish","format-standard","hentry","category-economics","category-india"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Population Growth and the Economic Future of India<\/title>\n<meta name=\"description\" content=\"From various articles and thought leaders it seemed that the economic future of India is very bright. It might as well be. But the population growth that will propel India in the next 40 years or so will become it own downfall in the years after 2050! That is when the burden of the high population will start affecting the country with more old people roaming around. Here are some stats and figures from the BBC that are extremely insighful of the future of India.  In 2000, a minority of the population was over 60, but by 2050 retired people will form a significant part of society. This raises questions about how they will be supported, as fewer than 10% have pensions. More than 65% of people live in rural areas, but migration to the cities is accelerating.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.patheos.com\/blogs\/drishtikone\/2007\/07\/population-growth-and-economic-future-india\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Population Growth and the Economic Future of India\" \/>\n<meta property=\"og:description\" content=\"From various articles and thought leaders it seemed that the economic future of India is very bright. It might as well be. But the population growth that will propel India in the next 40 years or so will become it own downfall in the years after 2050! That is when the burden of the high population will start affecting the country with more old people roaming around. Here are some stats and figures from the BBC that are extremely insighful of the future of India.  In 2000, a minority of the population was over 60, but by 2050 retired people will form a significant part of society. This raises questions about how they will be supported, as fewer than 10% have pensions. More than 65% of people live in rural areas, but migration to the cities is accelerating.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.patheos.com\/blogs\/drishtikone\/2007\/07\/population-growth-and-economic-future-india\/\" \/>\n<meta property=\"og:site_name\" content=\"Drishtikone\" \/>\n<meta property=\"article:published_time\" content=\"2007-07-25T07:09:57+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/i43.photobucket.com\/albums\/e375\/deshkapoor\/Agegroupdist.gif\" \/>\n<meta name=\"author\" content=\"Desh Kapoor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Desh Kapoor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.patheos.com\/blogs\/drishtikone\/2007\/07\/population-growth-and-economic-future-india\/\",\"url\":\"https:\/\/www.patheos.com\/blogs\/drishtikone\/2007\/07\/population-growth-and-economic-future-india\/\",\"name\":\"Population Growth and the Economic Future of India\",\"isPartOf\":{\"@id\":\"https:\/\/www.patheos.com\/blogs\/drishtikone\/#website\"},\"datePublished\":\"2007-07-25T07:09:57+00:00\",\"dateModified\":\"2007-07-25T07:09:57+00:00\",\"author\":{\"@id\":\"https:\/\/www.patheos.com\/blogs\/drishtikone\/#\/schema\/person\/e24bcebf9da3425dd595b71543245311\"},\"description\":\"From various articles and thought leaders it seemed that the economic future of India is very bright. 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