• Mudasir Ahmad Sheergojri
• Rouf Ahmad Wani
• Mir Adil Nazeer

Abstract: Demographic change in India is opening up new economic opportunities. India is passing through the favorable age structure and dependency profile. The increasing Working Age Population (WAP) in proportion to total population leads to the rise in labour supply, savings and Human capital. The trios are growth driven factors. The study tries to assess the relationship between the Working Age Population and Gross Domestic Saving Rate in India during the period of 1961 to 2017 and 2011 to 2017. The author use secondary data for this purpose. The study also analyzes the challenges which are interrupting in actualizing the demographic dividend. The study finds positive relation between the two variables during the period of 1961 to 2017 but it’s also found there is negative relation between the two variables during the period of 2011 to 2017. The main challenges to materialize the window of opportunity in India are low quality, unhealthy and unskilled labour force, which leads to low productivity of labour force. The low participation rate of women force in economic activities is also hindering to realize demographic dividend. These all factors influence the saving rate in India. The failure to address challenges in reaping Demographic Dividend may lead to Economic Disaster.

Demographic Dividend, Demographic Transition, Working Age Population, Dependency Ratio and Gross Domestic Saving Rate.

"DEMOGRAPHIC DIVIDEND IN INDIA: AN ANALYSIS OF ECONOMIC EFFECT OF DEMOGRAPHIC TRANSITION IN INDIA", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 3, page no.747-754, March-2019, Available :http://www.jetir.org/papers/JETIR1903212.pdf

"DEMOGRAPHIC DIVIDEND IN INDIA: AN ANALYSIS OF ECONOMIC EFFECT OF DEMOGRAPHIC TRANSITION IN INDIA", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 3, page no. pp747-754, March-2019, Available at : http://www.jetir.org/papers/JETIR1903212.pdf