Namrata Nangia and her husband in Mumbai are contemplating having another child, but financial concerns are a major factor. The United Nations Population Fund (UNFPA) has issued a report highlighting a significant drop in fertility rates worldwide. The survey, conducted in 14 countries, revealed that one in five individuals are unable to have the number of children they desire due to various reasons such as financial constraints and lack of suitable partners.

The countries surveyed by UNFPA include a diverse range of low, middle, and high-income nations, representing a third of the global population. The decline in fertility rates is a cause for concern, as many individuals are struggling to create the families they envision. Financial limitations were cited as a major obstacle in all countries, with responses varying from 19% in Sweden to 58% in Korea.

Despite the emphasis on low fertility issues by UNFPA, caution is advised in responding to the declining fertility rates. Dr. Natalia Kanem, head of UNFPA, warns against overreacting to the situation and implementing drastic policies to address the issue. The focus should be on understanding the underlying factors contributing to low fertility rates and finding sustainable solutions.

One of the key barriers to having children, according to the survey, is not just financial constraints but also a lack of time. Many individuals, like Namrata, find themselves juggling work, commute, and family responsibilities, leaving little time for additional children. The societal shift towards prioritizing quality time with children over quantity is evident in the survey findings.