Demographic Divident in India – Civils Cafe IAS Study Circle's Free UPSC Guidance
According to United Nations Population Fund UNPFA , demographic dividend is the economic growth potential which arises out of a changing population age structure with a large section of people in the working age group years as compared to the non-working age population below 14 years and above 65 years of age. The economic productivity of a country increase when the proportion of people in the workforce is large and growing as compared to the nonworkers. It is a dividend which results from more people being productive and contributing to the economic growth. It increases the savings and investments rate in the economy and reduces the proportion spent on unproductive consumption.
In News: India can achieve the goal of self-reliance atma nirbharta by enhancing the capability of youth. Previous post. Next post. Enter your email address to subscribe to the blog followed by several Rankholders and ensure success in IAS. Email Address.
The change in age structure is typically brought on by a decline in fertility and mortality rates. Large population can be a source of rapid economic growth, which could bring about a profound change in the well-being of people. However, we can harness the demographic dividend only through education that creates capabilities among our people. Full Name required email phone no Submit.