When the growth in an economy occurs due to a change in the age structure of the country's population, it is referred to as demographic dividend. The share of the working-age population is larger than the non-working-age population share of the population.
Currently, India has the highest population of people in the age group of 15-61 years, which is referred to as the working age group. Hence, India is regarded as a country with a demographic dividend.
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SANTOSH KUMAR
June 21, 2018When the growth in an economy occurs due to a change in the age structure of the country's population, it is referred to as demographic dividend. The share of the working-age population is larger than the non-working-age population share of the population.
Currently, India has the highest population of people in the age group of 15-61 years, which is referred to as the working age group. Hence, India is regarded as a country with a demographic dividend.