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INDIAN HUMAN CAPITAL

INDIAN HUMAN CAPITAL

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Published by Prajot Morajkar

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Published by: Prajot Morajkar on Oct 07, 2010
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PREPARED BY PRAJOT MORAJKARMELISSA VAZ VIRAJ SAWANT ROGER FERRAOKIRTI PEDNEKAR
INDIA’S HUMANCAPITAL
INDIA’S POPULATION BOON ORBANE?
COMMUNICATION PROJECT
ADARSH INSTITUTE OFMANAGEMENT
[
27
TH
SEPTEMBER 2010
]
The theory that excess population is bad for the economy is dismissedby its critics on the grounds that every mouth to be fed comes with twohands that can be put to work 
[ Type sidebarcont
 
INDIA’S HUMAN CAPITAL
INTRODUCTION
An unparalleled resource of an educated, hard-working, skilled and ambitious workforce is thehallmark of India’s human capital.This workforce is also one of the worlds youngest adds to India’s attractiveness as an investmentdestination. Of the Brazil, Russia, India and China countries, India is projected to stay theyoungest with its working-age population estimated to rise to 70% of the total demographic by2030 - the largest in the world. India will see 70 million new entrants to its workforce over thenext 5 years. There has been rapid increase in Indian population in the last 60 years. Populationof India at the time of Independence was only 350 million. So Indian Population has increasedmore than three times.English is the language of business in India and the large English-speaking workforce is a benefitto investors and employers. In fact, the number of Indians who know English is more than the population of the USA. India’s diverse cultural heritage puts its citizens at ease with people fromother cultures and vice versa. With over 380 universities, 11,200 colleges and 1,500 researchinstitutions, India has the second largest pool of scientists and engineers in the world. Over 2.5million graduates are added to the workforce every year, including 300,000 engineers and150,000 IT professionals.The
demographics of India
are remarkably diverse.Indiais thesecond most populouscountry in the world, with over 1.15 billion people, more than a sixth of the world's population. Alreadycontaining 17.31% of the world's population, India is projected to be theworld's most populouscountryby 2025, surpassingChina, its population exceeding 1.53 billion people by 2050. However, India has an astonishing demographic dividend where more than 50% of its population is below the age of 25 and more than 65% hovers below the age of 35. It is expected
 
that, in 2020, the average age of an Indian will be 29 years, compared to 37 for China and 48 for Japan and, by 2030 India's dependency ratio should be just over 0.4.
Demographics of India
Population1.15 billion (2010 )Growth rate1.41% (2010)Birth rate22.22 birth/1000 population (2009 )Death rate6.4 death/1000 population (2009 )Life expectancy69.89 years (2009 )Male 67.46 years (2009 )Female72.61 years (2009 )Fertility rate 2.72 children born/women (2009)
Population Projections (in millions)
YearUnder 15156465+Total
20003616044510102005368673511093201037074758117520153728196512562020373882761331
INDIA’S POPULATION - AN ASSET

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