India may have already become the world's most populous nation, a significant development. The World Population Review (WPR) projects that India will have 141.7 million people by the end of 2022. According to official announcements, that is slightly more than 50 lakh more than the 141.2 crore that China declared on January 17, when there was the first fall since the 1960s.
It is anticipated that India will have the major economy that is growing at the fastest rate in the world. In India, half of the population is under 30. The United Nations stated that the milestone would be reached later this year. As of January 18, the population of India had increased to 142.3 crore, as reported by WPR. Even though India's population growth has slowed, WPR predicts that it will continue to rise until at least 2050.
A different estimate from the research platform Macrotrends puts the most recent figure for India at 142.8 crore. The nation did not release its once-every-ten-year census statistics in 2021, after postponing population surveys due to pandemic disruptions.
Despite India's relatively good recovery from the pandemic and its rapid economic expansion prior to COVID-19, the country still relies on free food rations, the largest program of its kind in the world.
Food production is currently self-sufficient in the third-largest Asian economy. It comes in second place when it comes to producing sugar, wheat, and rice. It is the largest sugar consumer while also being the largest importer of edible oils. India is the third-largest consumer of steel and gold, as well as the third-largest market for crude oil. Additionally, it is the world's third-largest domestic aviation market.
Bloomberg Economist Eric Zhu referred to China's current minor recession as a "growth crushing headwind for a long time" in his report from January 18. China's population decreased by 8.5 lakh in 2022, according to data released to the public by the National Statistics Bureau.
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