India’s Demographic Dividend (Advantage)

In this article we will discuss India’s Demographic Dividend (Advantage)

In this article, we will discuss India’s Demographic Dividend (Advantage). So, let’s get started.

India’s Demographic Dividend (Advantage)

  • Increase in Fiscal Space: Fiscal resources can be diverted from spending on children to investing in modern physical and human infrastructure that will increase economic sustainability of India.
  • Rise in Workforce: With more than 65% of the working age population, India can rise as an economic superpower, supplying more than half of Asia’s potential workforce over the coming decades.
  • Increase in the Labour Force that enhances the productivity of the economy.
  • Rise in Women’s Workforce that naturally accompanies a decline in fertility, and which can be a new source of growth.

By competitiveworld27

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