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There are different views regarding size of the population. These views can be seen in
three broad groups namely
pessimists led by the famous work of Malthus at the end of 18th century;
optimists like Ester Boserup and Julian Simon; and finally,
neutralists like Karl Marx who looked upon population issues in the context of
economic organization of production, and
Age Structure
Fertility
Mortality
Migration
Economic Determinants of Labour Supply
Employment and Income Change
Employment Conditions
Composition of Employment
Role of Capital Accumulation in a Labour Surplus Economy and
Lewis Growth Model
Prof. W.A Lewis has developed a systematic theory of economic development with
unlimited supplies of labour. According to him the crucial problem of underdeveloped
economy is how to initiate the process of Economic development in a situation of scarcity of
capital and unlimited supply of labour.
In a typical underdeveloped economy, there are two sectors:
25.9
25 21.3 21.1
20 CDR
16
15 13.6 CBR
10 9.3
7.2
5
0
1951 1961 1971 1981 1991 2001 2011
Year
Size and Age Composition of India’s Population
Populatio
Age Population Population Population
% % % n %
Group in million in million in million
in million
60 60.2 60.1
55.4 56.9
50
% of Population
40 37.2 35.3
30.7 0-14
30 15-59
19.8 60+
20
20
10 6.7 7.4 8.5
0
1991 2001 2011 2050
Years
India: Real GDP Growth & Labour Force
12
10 9.8 9.6
9.3 9.3
8.4 8.4 8.2
8
6.9
6 7 7.7 7.6 5.4
7.1
6.4 6.4 3.9 6.6
5
4
3.5
1.8
2
2 2 2.2 2.1 2.1 2.1 1.7 2 1.9 1.9
0
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
Non - Formal
Receiving Did Not
Category
Formal Receive
of
Vocational Vocational
Person Formal
Training Self - Learning All
Hereditary Others (col.3 to 7)
Training
learning on the job
1 2 3 4 5 6 7 8 9
All Persons 0.6 1.6 1.8 1.1 1.7 0.5 6.7 92.6
Changing Age-Sex Pyramid of India 1991-2051