India is regarded as a country with “Demographic Dividend’...
Demographic dividend shows the age groups of a particular country. normally demographic dividend refers to the comparison of working population with the non working population of the country India stands with high demographic dividend i.e.,it has more working population (young population)
India is regarded as a country with “Demographic Dividend’...
The demographic dividend is a rise in the rate of economic growth due to a rising share of working age people in a population. This usually occurs late in the demographic transition when the fertility rate falls and the youth dependency rate declines. During this demographic window of opportunity, output per capita rises. It has been argued that the demographic dividend played a role in the "economic miracles" of the East Asian Tigers Much has been said recently about India's demographic dividend: that its working-age (15-59 years) population, as of now, largely consists of youth (15-34 years), and as a result its economy has the potential to grow more quickly than that of many other countries, including China.