India's enormous population size exposes growth challenges: report

India's immense size exposes a myriad of challenges hindering its prospect for economic growth, a local news report said on Thursday after latest estimates by the United Nations predicted the country will overtake China in having the world's highest population in mid-2023.

The pace of job growth in India may not be able to accommodate its growing population, according to The Economic Times.

"That's a long-standing deficiency for a top-heavy and at times gridlocked economy that must somehow produce 90 million new jobs before 2030, outside agriculture, to keep employment rates steady," it said. "Even in the years immediately before the pandemic, India was falling far short of that pace."

(Cover: Thousands of Hindu devotees celebrate the Ram Navami festival, marking the birthday of Hindu god Rama, in Ayodhya, India, March 30, 2023. /CFP)

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