After so many years of the formulation of the one child policy in China it has now moved to another policy which is the three children policy .
There are certain reasons behind this new policy after so many years and also many lives of the millions of people have been affected by this policy .
Following are a set of key reasons :
Lower Birth Rate = In China only 12 million new born babies are born this year . It is certainly the lowest number of births in China from a long time .
This is not only the first time when the number of births in China is very low . After the one child policy which was first implemented in 1960’s the graph of births has gone down gradually .
They must learn from India in which so many children are born every second and which is about to overtake China’s population in the upcoming years .
Higher Proportion of Old age Population = Old aged people are a burden for the country . The people above the age of 60 years constitute to nearly 60 percentage of the entire China’s population .
As they do not earn any income and do not perform any economic activity they are simply an increasing burden for the economy as a whole . There in no addition in the national income or GDP from such group .
Failure of the Two Child Policy = The government has realized it earlier thereby it set up a two child policy a few years ago . But all its efforts were in vain as it did not showed an fruitful results in favor of the economy .
These were all the reasons that forced the Government of China to formulate a new policy based on which it formed the three child policy .
Track2Training 