On the road to Liberty

At noon on 11 May 2000, Aastha, a baby girl born in Delhi. She was officially declared as the billionth Indian. My article titled "India's One-Billionth Asset-The path to prosperity is economic freedom, not population policy" was published in May, 2000. India's population officially surpasses the one billion mark today. While government officials search for the suitable baby to herald the occasion, there are no plans for any grand birthday party. Instead people are being somberly reminded of the burden of the billion plus population. It is ironic that India has reached a situation where the birth of a child is considered to have a negative impact on GDP and other economic measures, but the birth of a calf, or production of an additional ton of rice or iron is considered to be positive. Is India's growing population to blame for its relatively poor economic performance in the past 50 years? Or did the policies pursued by successive governments lead to a massive was...

The press release titled "Population: The Ultimate Resource" was published in May 2000. Twentieth Century has witnessed unprecedented demographic changes. For the first time in history, the world population almost quadrupled from about one and a half billion in 1900 to six billion in the span of just hundred years. Likewise, Indian population too crossed the one billion level in May 2000, from about 238 million at the beginning of the Twentieth century. This is particularly significant, since as late as the 1920s, India had experienced a slight decline in population due to poverty and deprivation. At long last it seems that man is successfully defying death and deprivation that were constant companion of his ancestors. Infant mortality rates have fallen, life expectancy at birth have doubled or tripled, and the result is that there are more of us to enjoy life on earth as never before. Yet, there is hardly any sign of celebrations. It is amazing that such an achievement is ...