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Demographic Dividend Period
July 23 , 2019
1839 days
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- Recent Studies have shown that India has entered a 37-year period of “Demographic Dividend” in 2018. The bulge in the working age population is going to last till 2055.
- UN Population Fund (UNFPA) defines demographic dividend as the “growth potential” that results from shifts in a population’s age structure.
- Since 2018, India’s working-age population (people between 15 and 64 years of age) has grown larger than the dependant population (age 0 to 14 and age more than 65).
- Japan, China and South Korea have already used this period and shown huge economic progress.
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