Is High population a boon or bane for the economy?

Population by itself is not a curse or a boon, but its composition is very important in this issue. Assuming we are all concerned only about India, Yes our population is a boon, because its break up shows that we have far higher number of potentially productive people than any other country in the world.

Pitfalls in this understanding are that we are assuming that all youth will contribute, all will get a good form of employment and will dedicate their energies in the positive direction. We can comfortably say that of the cohorts entering Private sector, at least 70 % would have to be prodcutive to remain gainfully employed, so the figure is healthy. However, when it comes to the public sector, we are not very sure of the figures to put in.

Furthermore, if all employed youth do not surge ahead in their organisations, and the change of guard does not happen, then most of these energetic and resourceful people would end up demoralised and frustrated that their career is not heading upward or in any particular direction.

If these are well taken care of, India will surely beat the scorching pace set by recent rebounds shown in the economy.

Yes, its a boon for economy. In a free market, more the consumers, more is the bargaining power and more the opportunities. The economy of scale still rules the nascent stage and the diversification of power. So the common man is undoubtedly the king and we have a say in the international arena.

Till few years back high population could be considered bane for the economy as there were less number of economical development in India.At that time it was like a burden but now as the economic reforms are increasing and Indian economy is growing there is need of more human resources and talent and hence this increasing population could become boon for the economy in the future.

Yes I am agreeing to this that the increase in population cause unemployment and corruption but up to a extent as per capita income in india is still very low but india is a developing country and there are lots of opportunities which have to arise in future which demands more human power and young talent.

If we see the positive side of the high population then we can conclude by saying that If there would be high population there would be more demand of the products. If there would be more demand of the product, to maintain this demand there would be more supply of the goods. Hence production will increase and If there has to be more produciton this will need more human power which means more employment and increase in the per capita income. This will again increase the demand and the cycle will continue.

Just take the case of US which stands at no 3 in terns of the population after China and India and It is a developed country with very high per capita income. So in my opinion High Population is a boon for the economy in long term.

It used to be a bane some years back. But now the same population is becoming a boon for us. With the world ageing, India is one of the few countries int he world who are young. In 10 years we will have more that 60 crore young people. 60 core young people menas whole of Europe and America combined together has population lest than 60 crores, and this is the power. On top of it, the way we are progressing with the penetration of Govt schemes like NREGA & RTI or Unique ID program of Govt of India in the rural masses or the telecom revolution or the internet pentration or companies turning their attention on rural markets rather than urban markets for growth-all point to the fact that the consumerism is now penetrating into teeming millions to the lowest income groups, to the villages where more than 70% of India livves or where the concentration of population is large or where there is large dependance on agriculture- whatever you call it , the growth is coming through these segment. Is it not a coincident that the so called laggard states in India like Bihar gave a growth rate of 11.03% , 2nd only to Gujarat? Were we not studyiung in our school that the BIMARU states are not progressing because the growth of population is higher? Now the same states where the population growth is higher are turning out to give greater grwoth rate in terms of development, as these states are more deficient in infrastructure or education or electircity or water. All these deficits need development and the money is going here and and going in the building of infrastrucutre and into the pockets of the needy and increasing their purchasing power. All this will lead to growth of India as a whole and hence the population becomes a boon for us.

It will be a boon. more demand for products, services,  more working hands.

However we should know the management of population,providing proper atmosphere for smooth living, providing ameinities for better living.Govt, leadersand citizens participating  inthe endeavour to create better prospects for future generations by utilising the available resources in proper perspective.

Eventhough it is not a herculean task stimulating people to talk and work in this direction can give great results.

Its a big boon why? Look at the worlds population age years, most countries in west have young people less, the number of old people is rising, this is going to hamper their growth . The fertility rates have considerably reduced of course in India too.

New people who walk on this planet will have more advantage in many spheres, China is another example where population is seen as a major human resource, in India we have started to realize, its better .

In the present scenario, it has been a boon to India (Same for China)

It is a boon for the economy. After all, gross domestic product (GDP) is nothing but production of economic goods and services consumed and demanded by individuals and firms and produced using labour and non-labour factors of production. So everything remaining the same, a bigger population is always a good thing for an economy.