B.3. India’s Demographic Dividend
- Demographic dividend refers to the growth in an economy that is the result of a change in the age structure of a country’s population.
- India has 62.5% of its population in the age group of 15-59 years.
- According to the Economic Survey 2018-19, India’s Demographic Dividend will peak around 2041.
Interesting Facts: India surpassed China as the world’s most populous country in 2023 with India has catching up with China’s population of 1,426 million. |