why is dependency ratio higher in india plz plz plz it's urgent
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Dependency ratio is the ratio of children between the ages of 0 to 14 and above 65 years of age to the population aged between 15 to 64. It is higher in India than most countries in the world because of three factors, as follows:
1) Indian families have more children, on an average, than most countries.
2) The old parents in India live more often with their children in India than they do elsewhere in the world.
3) India's population is relatively higher in the lower age groups.
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Employment trends indicate that during their working life, individuals will increasingly have multiple jobs interspersed with periods of self-employment and voluntary or involuntary separation from the job market. Life-long employment with the same employer is losing relevance as the nature of jobs and job security are changing. Increasing female participation in the organised workforce is crucial for increasing the growth and efficiency of the economy. Therefore it is imperative to promote her long-term savings for the period where she may choose to be outside the workforce for reasons such as to bring up a family.
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