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India is the most populous country in the world with one-sixth of the world's population.According to estimates from the United Nations (UN), India has overtaken China as the country with the largest population in the world, with a population of 1,425,775,850 at the end of April 2023.
Since 2007, India has set its official threshold at ₹ 26 a day ($0.43) in rural areas and about ₹ 32 per day ($0.53) in urban areas. [46] While these numbers are lower than the World Bank's $1.25 per day income -based definition, the definition is similar to China's US$0.65 per day official poverty line in 2008.
It was the second time in India's independent history that voters re-elected the same party to power with a bigger majority to the Lok Sabha – India's lower house of parliament. The BJP's total vote share stood at 37.4 per cent, an increase of over 6 percentage points from 31.34 per cent in 2014.
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Unemployment in India has been at a 45-year old high. According to a 2022 World Bank report, India's youth unemployment rate stood at 23.2%, whereas the national unemployment hovered around 7%. In 2023, 42.3% of graduates were unemployed, showing the lack of job growth needed to accommodate the increasing workforce.