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Will the “century of India” begin?

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Will the “century of India” begin?

An important geopolitical event is the fact that India he reportedly already got rid of her China V Populationaccording to him UN. With 1.428 billion people, India is now more populous than mainland China. At the same time, China’s population decline is expected to continue and the demographic gap between the two states will continue to widen over time.

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India is expected to become the most populous country on the planet in June, surpassing China by three million people. AP Photo / Rajanish Kakade, file

– Both countries have sought in the past to contain their population growth, although only China has introduced birth control restrictions. However, these methods were finally abandoned. Meanwhile, India’s population boom is the envy of many developed countries with aging populations. Indians are living longer, and the birth rate has not declined in recent years. Unlike China, India is not facing the consequences of a one-child policy. Although India brutalizes the environment in order to feed its population, rising living standards protect it from phenomena such as famine in the past and lead many to speak of an “Indian age”.Beginning of the

“The growing labor pool is one of India’s strengths. More than 75% of the population is between the ages of 15 and 59. However, this opportunity is fraught with great risks. A positive demographic balance can turn into a catastrophe. Although India has recently won the title of the fastest growing major economy, it has never developed enough to create jobs for everyone. The country needs to create 9 million jobs annually to maintain growth. India is threatened by underemployment and wages are frozen for eight years. Economic growth without parallel job growth condemns Indian society to permanent inequality, increasing the likelihood of unrest.Is the

India’s population boom is the envy of many developed countries with aging populations.

“India has one of the lowest female employment rates in the world, barely over 20%. The share of working women in China is twice that of the US and the global average. The declining share of women in the labor market in India, despite the improvement in living standards, is very worrying. Economists attribute this phenomenon to particularly low wages for women in India, which forces Indian women to leave their jobs as soon as family income allows.Beginning of the

– The Chinese model cannot be a suitable model for India. In the early 1990s, China followed the example of other East Asian countries (Japan, South Korea, Taiwan) and became the dominant export power. India faces major obstacles to such efforts, including government inefficiency, inadequate infrastructure, limited spending on education and healthcare, and legislation restricting land use. The national industrial recovery program launched eight years ago by President Modi has not yielded results. But some industries show great promise, such as the semiconductor industry and the Internet services sector.

Author: ALEX TRAVELLY, WEI KAI / THE NEW YORK TIMES

Source: Kathimerini

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