India is set to surpass China as the world’s most populous nation, with almost 3 million more people by the middle of this year, according to data released by the United Nations
India is set to surpass China as the world’s most populous nation, with almost 3 million more people by the middle of this year, data released by the United Nations on Wednesday showed. Based on the projections, India’s population by mid-year will reach 1.4286 billion, compared to China’s 1.4257 billion – 2.9 million fewer – according to the United Nations Population Fund’s “State of World Population Report” for 2023.
But these numbers could become a liability if policymakers do not create enough jobs, experts warned. Already, data show a growing number of Indians are not even looking for work, given the lack of opportunities and low wages. India’s labor force participation rate, an estimation of the active workforce and people looking for work, stood at 46%, which is among the lowest in Asia, according to 2021 data from the World Bank.
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