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Demographic Dividend (New 2019): Definition of Demographic Dividend, Context of Demographic Dividend, Advantages Associated with Demographic Dividend, Challenges Associated with Demographic Dividend

Demographic Dividend (New 2019)

Definition of Demographic Dividend

According to United Nations Population Fund (UNFPA) , demographic dividend is defined as the economic growth potential which can result from shifts in age structure of population, mainly when the share of the working-age population (15 to 64) is larger than the non-working-age share of the population (14 and younger, and 65 and older) .

Context of Demographic Dividend

  • India has around 62.5% of its population in the age grou…

… (289 more words, 1 figure) …

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Demographic Dividend (New 2019): Way Forward

Demographic Dividend (New 2019)

Way Forward

  • How can India reap benefits of Demographic dividend?
    • Increasing expenditure on health and education
    • Increase investments on Research and Development
    • Investing more on skill formation
  • Building human capital: Investments need to be done in people through healthcare, quality education, jobs and skills which will help in building human capital, which is a key to support economic growth, end extreme poverty, and create a more inclusive society.
  • Skill for…

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🏠ExamsIEcoS (Economic Services)Indian Economics (Plan)Study Material (Topics)Poverty, Unemployment and Human DevelopmentIndia's Population Policy and Development