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Created by : Leena Khade, Banc Assurance, Deutsche Bank  | 03 29 2010 08:11:03 +0000
Industry : Equity Research/AnalyticsFunctional Area : Equities(Markets)
Activity:  12452 views;  last activity : 04 07 2013 14:06:11 +0000

We all know that India has too many people and this is bad for our economic well-being . Mention the problem of poverty or lack of basic necessities in the country. Its not so easy to provide services to teeming millions. But its also true that bigger population means more consumers, more workers to work in factories and software technology parks and more soldiers to fight a war on the borders.

So users, according to you all, is High population a boon or bane for the economy?

 
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BOON Vs BANE
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Top Argument
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Comparing the growth of economy for over the decades i feel that population be a boon for developing country like india. more population means more demands for the products which definitely an accelarator for economic growth. But at the same time the demand for more food, energy and shelter is make the same some negative impact


By RAHUL SMITH, Freelancer, Radio, TV & Films  03 30 2010 10:19:51 +0000
 
Top Argument
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Population a BOON...u must be kidding.

There are a number of ways to prove it, Lets take infrastructure for instance.

How many flyovers do Delhi have...over 50 I guess...but still we all know the traffic situation......Paris has 5...and the average traffic speed is much higher....

What is the average no of lanes in Gurgaon...it is 3...still during peak hours you can take up to 2 hours on the 4 lane road between Delhi and Gurgaon to commute....please note that the average no of lanes in London is 1.5...and the average travelling time per person is 20 Min/Day.

We have the state-of-the-art metro in Delhi...one of the most advanced systems in the world......Still a huge percentage of people in Delhi, Mumbai, and Kolkata, think that stepping in the jam-packed metro or a local train, is NOT worth the effort....sometimes during peak hours you may have to keep standing on the platform until 3 metro trains cross back-to-back, one after the other, with no space for you to even stand...it is worth to mention here, that the Mumbai local train officials feel that the local train network cannot be further improved, because the local trains already have a dangerously high level of frequency, higher than anywhere in the world.

Indian Railways is one of the largest railways networks of the world, and probably the only railways systems where you can book ticket 3 months in advance... no prizes for guessing why have they kept such a long window.. :)

Though I am not feeling amused in continuing this kind of sarcasm on my motherland..but these examples are endless, and the list can go on and on. The essence here is that "Capacity issue is the biggest issue with any big project/initiative/thought in India." 

I just want to make a point that no matter what the Govt do to improve the facilities in India, the population of will always find it scarce. Population of India is overflowing and is a serious problem to be taken care-of with priority. 


By Piyush Jain, Associate Research Manager, IMRB International  03 31 2010 20:15:26 +0000
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Though population seems to be a bane to our country,it have silent advantages with it.if there is an increase in the population,it means that there is a demand for all resources like food,education and so on.Let us take a middle class family with four children as example.After these children grew up, they may stand in their own and in turn they can easily bring their family to a better position.likewise here too our nation is compared to a middle class family and the children are the citizens we hare.so population do its better work in the development of our country according to me.
By Jesmica Sri, B.Tech/B.E. student, Andrews Matriculation School  | 04 07 2013 14:06:10 +0000
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Nothing can match human intelligence. So, in most of the contexts, human resource is the most valuable asset of a country.
By Gurupad S. Hegde, B. Tech student, National Institute of Technology, Surat  | 08 31 2011 15:04:04 +0000
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Considering that the increasing numbers are among youth and high percentage of them are educated and able to compete at high levels, it is a boon. No wonder India is highly appreciated for its human resources
By Renashmi Kaur, Events/Promotion Executive, Eventzo Delight Pvt. Ltd.  | 08 31 2011 14:10:26 +0000
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If the population density is within acceptable limits then its not a bane.
By Biswajit Sarma, Project Manager - Construction of Raddison 5 Star Hotel, DS Group  | 08 31 2011 05:39:16 +0000
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In some scenario it's a boon and in some scenario is a disadvantage. If you ask me to choose one, at this point in time, I would stress more upon a BOON as far as economy is concerned. We have good no. of resources who can contribute in the growth of the country but obviously this has to be in a controlled manner otherwise its not easy to manage this much population if goes out of control :-)
By Nitin Bidani, Accounts Manager, Quasar Media Pvt. Ltd.  | 08 31 2011 05:18:38 +0000
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The "young India" if channeled in a right direction, it is a boon undoubtedly. Taking adversaries and moving positively is the only option left with us. We miserably failed in population control programme. We cant do away with the population. Stricter measures to control population is seems to be not possible in India considering the religious faiths that a section of people have and the Govt. considering them as vote bank. In this scenario it is always better to make use of this present scenario in a positive way. But, this is not being happened till date. I strongly believe that we must follow the China model of "inclusive development" i.e. people's participation in development. Every village has to be made a manufacture hub and every citizen be given the requisite training and that training shall not be so complicated for the village folk to understand and participate.
By Srinivas suravajhala, Asst. Manager.  | 08 30 2011 06:12:32 +0000
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I just happened to put this up in debate on my page. I didn't know that we already had one going on. Nevertheless, all i would like to add is that though its true people often regard this increasing population as a bane,but the fact is that - the problems we are facing or have that appear to be stemming from population rise are not those that cannot be solved. This rising population becomes a bane because of the incompetency and inefficiency of our government, bureaucracy and other players that have a role. If appropriately and effectively handled, this very population would become a a driving force for our economy- hence becoming a boon. THOUGH ITS NOT MY INITIATED DEBATE, I WOULD PERSONALLY APPRECIATE MORE CREATIVE IDEAS AND SOLUTIONS FOR HOW TO MAKE THIS EVER GROWING POPULATION A BOON.
By Shoyaib S Haq, Knowledge Seeker  | 08 29 2011 20:20:40 +0000
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I just happened to put this up in debate on my page. I didn't know that we already had one going on. Nevertheless, all i would like to add is that though its true people often regard this increasing population as a bane,but the fact is that - the problems we are facing or have that appear to be stemming from population rise are not those that cannot be solved. This rising population becomes a bane because of the incompetency and inefficiency of our government, bureaucracy and other players that have a role. If appropriately and effectively handled, this very population would become a a driving force for our economy- hence becoming a boon. THOUGH ITS NOT MY INITIATED DEBATE, I WOULD PERSONALLY APPRECIATE MORE CREATIVE IDEAS AND SOLUTIONS FOR HOW TO MAKE THIS EVER GROWING POPULATION A BOON.
By Shoyaib S Haq, Knowledge Seeker  | 08 29 2011 20:20:13 +0000
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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.


By milind chitale, Design Manager, forefront medical technology  | 04 16 2010 11:52:36 +0000
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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.


By Sambit , Project Manager, Azurepower India  | 04 01 2010 12:36:44 +0000
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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.


By Romil Jain, Technical Analyst, Satyam Computer Services  | 04 01 2010 06:48:59 +0000
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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.


By Prabhakar Srivastava, Director  | 03 31 2010 12:09:50 +0000
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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.


By malladi madhukumar, Senior Manager- Marketing, Cement company  | 03 31 2010 09:47:32 +0000
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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 .


By rasik upadhye, dyputy manager, idbi fortis  | 03 30 2010 09:57:36 +0000
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In the present scenario, it has been a boon to India (Same for China)


By Veejay Bhatia, Administration Manager / Recruitment Coordinator, French Firm dealing in Oil & Gas, Dubai (UAE)  | 03 29 2010 14:00:05 +0000
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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.


By Leena Khade, Banc Assurance, Deutsche Bank  | 03 29 2010 08:16:19 +0000
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l live in Kolkata, and everyday I avail the metro service. If you see the rush you will know the bane of living in Kolkata. Its like going in a packed cage where we have only some space to breathe. Every where you go you will find long queues waiting for you. 


By sanjay dey, Tax & accounting , Consultatnt  | 04 22 2012 06:13:14 +0000
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Any thing in excess is not desirable. "Ati sarvatra varjayeth" (Sanskrit Quote)
By MS_Pi , Top Management, Confidential  | 08 30 2011 05:15:44 +0000
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Is young Indian Population used by MNC/foreign companies to sell their products ? Even a tiny royalty (in some form) will accumulate into a huge amount to feed the small number of population in Europe/USA?? Is Population explosion used by Politicians to manipulate by applying mob-mentality theory to get votes?? More the number of people easier to manipulate??
By Srirama , Head/VP/GM-Finance/Audit, Vasathi  | 02 15 2011 22:26:22 +0000
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No offences intended, but I seriously feel that the buzz about the statistics of younger Indian age in the world demography was coined by helpless Indian politicians who wanted to hide the inabilities of the govt to the curb the population growth rates.

It was a two-faced strategy wherein by glorifying such numbers the ruling party was able to boost the "feel good" amongst Indians. (Indians - 'People who anyways are constantly looking for ways to boost their super-ego') This was very much needed just before the general elections.

Also by doing this, the politicians were able to remove the 'eye of scrutiny' from them - which had in the past...constantly pestered them to find democratic ways to reduce the population.

There is in fact, another reason why population as a problem was thrown out of the "things-to-improve-upon basket" of the Govt. But, since this reason is charged with religion, I think Toostep is not the best place to discuss it. 

 


By Piyush Jain, Associate Research Manager, IMRB International  | 03 31 2010 21:01:55 +0000
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Its obiviously a bane for the economy of our country as day by day the human population is increasing ,which is at the same pace giving rise to number of bad radicals.It is because of this increasing population not all members in teh family are able to get the basic education and even the basic food.If we can control the population, i think the whole problem of corruption can be solved .All person actions are beacuase of their need only. 


By Joginder Singh,  | 03 31 2010 14:59:15 +0000
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I think high population will be bane for the economy until and unless it can't provide education, employment, food etc. to the people of the country. If we talk about high popultaion of India it means decrease in GDP, inflation, supply less than demand which is prevailing in our economy food price is going high supply is less than demand which is motivating price to go up.


By swati , MBA/PGDM student, amity school of insurance and acturial science  | 03 29 2010 16:34:24 +0000
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Population can be as Asset or Liability it depends how the economic development takes place in a cuntry like educational reforms,health reforms,infrastructure developments even agricultre development if all these doesn't go in proper manner surely it will be a liablity and best example is seen by the current Maoists situations in our counry plus to add to my arguments india's most populous states are lagging behind in development.


By Somesh Singh, Head/VP/GM-Equity, Not Yet Joined  | 03 29 2010 15:45:31 +0000
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I remember last year during the recession time, Mr. Bush told to buy more and more consumer products such as TV, cars, clothes etc. so that the production shall not stop and avoid the recession on the other hand. It is a short term thought.

Defiantly high population shall boost the economy but on the same side increase the unemployment, corruption, pollution, massive increase in the food and energy consumption. 

You all well know the current food price increase, petrol price increase, etc ? Why ? Due to only excess increase in demand and shortage in our supply. 

Let me clear that one fine day, even India become the most populated country in the world and thus too become the developed nation, still lot need to be done in the various diverse field. 

City like Mumbai & Delhi are not to hold so much crowd. Almost crowd there is 40 times more from any normal city. Boon economy is for what ? To make India a developed nation only ?

 


By Satish Kumar, Assistant Manager - Green Building  | 03 29 2010 15:06:40 +0000
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