INDIA’S GDP AND VITAL RATES: AN EMPIRICAL STUDY OF INDIAN ECONOMY

ABSTRACT Vital rate in India being problematic from past many years, which is affected by many factors prevailing in the country, the study attempts to find out the effect of economic growth on the death and birth rate of the country. GDP is considered as an indicator of economic growth rate of the country for the study. The data regarding GDP, death rate, birth rate have been collected from the secondary sources which are authenticated by the organization of India like RBI which is the foundation from where we had taken the data of death and birth rate. NITIAYOG is the intermediate for the data regarding GDP of the nation. The correlation and regression analysis have been used to find out the temperament for both the death and birth rate correspondingly. A strapping negative correlation is established for in cooperation of death and birth rate with admiration to GDP. Financial statement for GDP is a foundation of revolutionize in the death rate of the motherland which is 95% and for nativity rate of the nation state is 97% that sandwiched between the periods of 2011-2018. KEYWORDS: GDP, Birth Rate, Death Rate, Nitiayog, RBI