Demographic Dividend: is India losing its window of opportunity?
India stands at a critical juncture in its demographic journey. With a limited window to harness its demographic dividend, the country faces pressing challenges in employment, healthcare, education and urbanisation. A large working-age population can drive growth only when supported by productive jobs, skills and social security. The question is whether India can turn its demographic advantage into sustainable economic opportunity.
In recent discussions on the strengths and weaknesses of the Indian economy, particularly its future potential, the term demographic dividend has been widely used. In simple terms, a demographic dividend occurs when, due to a decline in the birth rate, the proportion of the working-age population (15–64 years) becomes significantly larger than that of dependent populations, such as children and the elderly. When this large working-age population makes a substantial contribution to economic growt...
