India on top in ‘population billionaires’ race

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India on top in ‘population billionaires’ race
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From a trade point of view, Australia benefited hugely from China’s rapid industrialisation. Now demographics favour India and its very different approach to development.

| On the road this week in the Indian state of Karnataka, researcher and writer Manjeet Kripalani spoke briefly with a young woman named Anita Gowda, who neatly encapsulated modern India.

This week India, the world’s largest democracy, became the world’s biggest country by population. Its 1,425,775,850 people pushed China into second place, according to the official count by the United Nations. This is an historic shift. By most counts, China has led the world since the fifth century – and it’s not a temporary blip.

Australia, one of the world’s major immigration nations, is among those courting India. The three million permanent migrants who have arrived in Australia since 2000 are the reason why our population, unlike most of Europe, North America, Japan, Taiwan and Korea, is growing – and more of those migrants came from India than any other country.

Srikanth Kondapalli, dean of the School of International Studies at Jawaharlal Nehru University in New Delhi, says the comments from Beijing and cartoon fromare racist – but he also acknowledges India could yet miss out on its demographic dividend. “We need to provide education, jobs and infrastructure. Our political leaders are focused on this.”“China received a lot of funding from the Western world, including Japan, Korea and Taiwan; that has not happened with India so far,” he says.

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