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INDIA'S POPULATION AND ITS IMPACT ON THE ECONOMY

In this chapter, we study the economic effects of both a growing and a declining population, and their impact on the economy. We also study various population theories and relate them to the Indian scenario. After reading the chapter, you will understand and appreciate the reasons why the Indian population occupies so much space on any critical study of Indian economy.

Economists and statesmen are very much concerned nowadays with the problem of population. There was a time when economists gave importance to the study of population merely as the source of supply of labour as there was a close relationship between the number of people in the country and its labour force. The greater is the ...

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