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Sam Ghosh Founder and SEBI Regd. Investment Adviser at Wisejay Private Limited Bangalore, Karnataka
Indian demographic trends: 2030 and beyond part 4 : Composition of Population - Urbanisation
6 answers/comments
06:39:12 AM, 11th August, 2019
  • Sam GhoshFounder and SEBI Regd. Investment Adviser at Wisejay Private LimitedBangalore, Karnataka

    URBANISATION

    The next decade we are expected to see a contraction in the Indian rural population first time in history and by 2050 more than 50% on the Indian population will live in urban areas.


    Urban and Rural Population (1960 – 2050) - Millions

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  • Sam GhoshFounder and SEBI Regd. Investment Adviser at Wisejay Private LimitedBangalore, Karnataka

    Urban and Rural Population (2020 – 2050) - Millions

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  • Sam GhoshFounder and SEBI Regd. Investment Adviser at Wisejay Private LimitedBangalore, Karnataka

    Urban and Rural Population (2020 – 2050) – Percentage Share

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  • Sam GhoshFounder and SEBI Regd. Investment Adviser at Wisejay Private LimitedBangalore, Karnataka

    There needs to be a comprehensive policy analysis of this shift. A large rural to urban migration is taking place which is expected to accelerate in the near future. The primary reason is the consistent lower growth of the agricultural and related economies compared to the rest of the economy.

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  • Sam GhoshFounder and SEBI Regd. Investment Adviser at Wisejay Private LimitedBangalore, Karnataka

    This brings new challenges as well as new opportunities. The challenges are diversification of the rural economy to limit the migration, creating is a system to make the population leaving rural economy ready for the urban employment opportunities as well as the cultural shift and dealing with the increasing resource scarcity in the urban areas.

    The opportunities are in the development and diversification of rural economies. Diversification of the rural economy may unlock a tremendous growth opportunity for the economy and businesses.

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  • Sam GhoshFounder and SEBI Regd. Investment Adviser at Wisejay Private LimitedBangalore, Karnataka

    Data Source: All data for this analysis are collected from DataBank of The World bank.

    Some interpolation has been done to fill the gaps in the data.

    https://databank.worldbank.org/home.aspx

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