“does demographic dividend lead to economic growth in india?”

Research Article
Mahendra R. Mishra
DOI: 
http://dx.doi.org/10.24327/ijrsr.20231410.0800
Subject: 
science
KeyWords: 
Demographic Transmission, Demographic Dividend, Age Structure, Economic Growth, Labour Force Participation Rate
Abstract: 

The demographic dividend provides strong advantages to the countries for achieving a high growth rate due to the increasing working-age population, labour force participation and skilled labour force. India is one of the largest countries in the world in terms of population next to China. India has the potential to convert this high population into a demographic dividend due to the large pool of working-age population, higher labour force participation and increased skilled labour force. The current paper attempts to examine the association between demographic dividends and economic growth with reference to India. This study is based on secondary data. The study found that India has the potential to use its large pool of working-age population as an opportunity and increase the economic growth and development of the country.