Question
Download Solution PDFConsider the following statements regarding India's demographic dividend and employment:
- The total dependency ratio in India decreased from 64.6% in 2011 to 55.7% in 2021, with a projected further decline to 54.3% by 2026.
- Around 26% of India’s population is in the age group of 10-24 years, contributing to the demographic advantage.
- The declining dependency ratio is primarily due to the increasing child dependency ratio and falling fertility rates.
Answer (Detailed Solution Below)
Option 3 : All three
Detailed Solution
Download Solution PDFThe correct answer is All three
Key Points
- India is benefitting from a demographic dividend due to its growing working-age population and declining dependency ratios. These factors are contributing to India’s economic growth and job creation potential.
- The dependency ratio has declined from 64.6% to 55.7% and is projected to fall further. Hence statement 1 is correct
- 26% of India’s population is indeed in the 10-24 age group. Hence statement 2 is correct
- The declining dependency ratio is largely due to declining fertility rates and lower child dependency. Hence statement 3 is correct