what are the implications of present age composition in india
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India's age structure is undergoing rapid changes. It will have definite implications for the economy and society. The age structure transition typically has two phases. In the first phase of the transition, there will be a bulge in the working age group popularly known as the demographic dividend stage. The demographic dividend is a shorter duration in the history of any nation.
The span of the dividend varies according to the pace of the fertility transition.
The second phase of the age structure transition occurs with the ageing of the population. The proportion of elderly is likely to go up in this stage.
The span of the dividend varies according to the pace of the fertility transition.
The second phase of the age structure transition occurs with the ageing of the population. The proportion of elderly is likely to go up in this stage.
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