News Analysis / The demographic variation
Published on: December 01, 2021
Issues related to Population
Source: The Economic Times
Context:
The authors talk about the changing demography of India & its impact.
Editorial Insights:
However, this success brings the following challenges:
Way-forward from Chinese experience:
As China’s experience shows, while very low fertility provides a temporary demographic dividend with a reduced number of dependents to workers, the increased burden of caring for the elderly may become overwhelming over the long term.
India is fortunate that its demographic dividend may be smaller but is likely to last for a more extended period due to regional variation in the onset of the fertility decline.
As southern states struggle with the growing burden of supporting the elderly, northern states will supply the workforce needed for economic growth.
The increasing pace of migration may help shore up economic expansion in the south with its shrinking workforce augmented by workers from other states.
However, in the long run, the targeting replacement rate below 1.5 will prove to be a grave mistake for India.
Rajya Sabha chairman suspends 12 opposition members for entire winter session
Read MoreDokra Metalcraft
Read MoreGen. Rawat’s plans for genuine tri-service operational capabilities
Read MoreNon-Invasive Archaeological Survey at Gyanvapi Mosque
Read MoreNational Sports and Adventure Awards 2022 Overview
Read More