My perspective is shaped by a lifetime in India, where I've seen a constant, fierce competition for everything from a quality education to a decent home. The equation has always been simple: demand far exceeds supply. I've always felt this was a consequence of our country's vast population and a very natural desire to aspire to a better life, one that matches the prosperity of the Western world.
It's easy to focus on our own challenges, but the reality is that the struggle is global. Despite a slowing global population growth rate, countless individuals worldwide still work grueling hours for minimal pay.
For India, a unique challenge lies ahead. While we currently have a demographic advantage with a large young workforce, this will shift in the coming decades. We are on track to have a massive elderly population. This makes it more urgent than ever to focus on a sustainable future.
We must improve our living conditions now, so that the next generation doesn't have to face the same resource scarcity and hardships that we have.