Phase IFoundation
Background
Overview
Crucial for understanding India's future economic potential, social challenges, and the effectiveness of population policies. It impacts labor force, social security, and resource allocation, directly influencing national development strategies.
Demographic transition refers to the shift from high birth and death rates to low birth and death rates as a country develops. A demographic dividend occurs when a country's working-age population (15-64 years) is larger than its dependent population (children and elderly), creating a window of opportunity for economic growth.