Answer:
Soon India will be the largest individual donor to the global demographic change. Demographic wise in 2025 India will do better than China as the world's largest country according to the U.S Census Bureau predicts. This means that India in the next 20 years will be having an economic challenge as the population rises in the future.
Explanation:
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India will soon be the world's largest individual contributor to demographic change.
According to the United States Census Bureau, India will outperform China as the world's largest country in 2025. This means that when India's population grows over the next 20 years, it will face an economic problem.
Living costs are cheaper than in the United States. Its GDP per capita is $7,200, less than half that of China or Brazil.
14 This is advantageous since Indian workers do not require as much income because everything is cheaper in India. India boasts a large number of well-educated technologists.
Domestic private consumption accounts for over 70% of India's GDP. The country's consumer market remains the world's sixth-largest.
Apart from individual consumption, government spending, investment, and exports all contribute to India's GDP.
For more information about India's Economy refer to the link:
https://brainly.com/question/515566
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