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India's population an asset
- 1. India ‘s Population An Asset For Country Presented By Ambiya Jagirda Mba FS 3rd sem
- 2. Overview ‘PEOPLE AS RESOURCE’ Population is an asset for the economy rather than a liability . Population becomes human capital when there is investment made in the form of education , training and medical care. In fact human capital is the stock of skill and productive knowledge embodied in them.
- 3. NDIA’S POPULATION • The total population in India was estimated at 1254.0 million people in 2015 , according to latest census figures • Looking back, in the year 1950 , India had a population of 359.0 million people. • The population of India represents 17.99 percent of the world’s total population which arguably means that one person in every 6 people on the
- 5. Population • Asset not Liability • Population : Working Population Dependent Population • Working Population – skill and productivity • Contribution to GNP ( Gross National Product) • Education and Healthy Human – Human Capital Formation –Return On Investment
- 6. • Human Resource can make use of land and capital • Land and capital cannot become useful on its own • Education adds to the quality of labour - increases productivity and growth of economy • Child with Investment can lead to higher earning and greater contribution to society • Uneducated people create vicious cycle of
- 7. Working Age Population • Age Between 20-60 is under working age group. • Approx. 60% of total population is under working age group.
- 8. hat Education Contributes? • Promotes National Income • Cultural Richness • Efficiency of governance • Education is catalyst
- 9. Government Initiatives - Education • Vocational Education • Beti Bachao, Beti Padhao • Not only a right but to enjoy rights • Sarva Shiksha Abhiyan • Mid day meal • Higher Education – A Focus • Standardization –Common Entrance • 3 Language Formula
- 10. Quality Of Population- Education • Expenditure on education of GDP rose - 0.64% in 1951-52 to 3.11% in 2011-12 • Literacy rates increase from 18% in 1951 to 74% in 2010-11 • Between 40-50% of those enrolled drop out of school before completing upper primary. • Quality of schooling extremely poor. • Most who are “literate” can barely read and write their own name.
- 11. teracy Rate of India
- 12. hat Health Contributes? • Health helps to realise person’s potential • Ability to fight illness • Health is an indispensable basis for realising one’s well being • Health status of the population should be the priority of the country
- 13. Government Initiaves • Accessibility of health care ,Family care Nutritional service • Free Medical Care • National Rural Health Mission • India has developed vast health infrastructure
- 15. uality Of Population – Health Care • Decrease in IMR an MMR • Increase in Life Expectancy • Increase Longetibility
- 16. Unemployment • When a person is actively seeking a job but is unable to get employed, he is called an unemployed person. • People in the working age (15 to 59 years) only can be termed unemployed if any one of them is without a gainful employment
- 17. Effects of Unemployment: • Unemployment can be emotionally draining on the unemployed person. • It can be a financial and emotional drain on his family members. • A large number of unemployed people is ultimately a liability for the society. • High rate of unemployment can also increase the crime rate.
- 18. Government Initiatives • National Rural Employment Program V • Rural Landless Employment Guarantee Program VRLEGP • Integrated Rural Development Program • Food-for-work Program • Training Rural Youth for Self-employment • Jawahar Rozgar Yojana • Employment Assurance Scheme (EAS): • Make in India, Digital India, Startup India and the Smart Cities project were all aimed at creating jobs for the country's youth
- 19. Table 1 highlights unemployment between 2013-14 and 2015-16, and shows unemployment rates rising.
- 20. “With more than 50% of its population below 25 years of age, India has one of the largest numbers of young population which can be tapped for all round socio economic growth.”
- 21. Rising Population an asset.HOW? • Youth segment of India’s population is growing rapidly. • More than 50% of India’s population is below 25. • India produces 2.5 million IT, engineering and life sciences graduates a year, besides about 650,000 post graduates in science and IT related subjects. • Near about 402 million Indians are aged between 15 and 59 - the working age -
- 22. Hurdles in making rising population an asset • Corruption, poverty and illiteracy creating hurdle in the country’s progress as a whole. • Need for the implementation of the government schemes like National Rural Employment Guarantee scheme in the rural areas at a massive scale • need to make the rural population of the country more and more literate • public schemes targeting the poor need to be implemented properly and honestly • India needs various job schemes in the interior regions where there is not much industrial activity.
- 23. Conclusion The two inputs like education and health helped in making people an asset for the economy. There is a need for increase in employment opportunities in the rural areas to make the productive use of people’s skills. Indian population will become India’s strength only when India has the power, strength and will to feed the people, provide them clothing and shelter, good education, health care and jobs. No capital in the world can substitute the human capital. A country like India can use vast natural resources coupled with the huge manpower to make the country progress in the right direction.