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global population

Paradox of Plenty

India‘s population bulge is also likely to strain sectors like education and healthcare, which suffer from massive under-investment currently. India‘s healthcare spending at 2.1 per cent of GDP is extremely low, even by developing country standards. With people aged 65 and above expected to double between 2023 and 2050, providing access to affordable and quality healthcare will be a significant challenge for India‘s policy wonks. Similarly, India spends $52 billion in educating almost 350 million children, which averages to a meagre $148 per child annually