• Arzoo Mustafi

The developing countries worldwide have been experiencing demographic transition since many decades and the population size and growth has been main catalyst behind this transition. However, what made the social scientists across the world to study deeply on the trends in the demographic transition is the sudden fluctuations in the age structure in some of these developing countries. And the consequence of such trends as one can see today lead the growth in the working age population in most developing countries and India is one such country experiencing such a transition today. For India, this trend is very much beneficial as this may impact on the dependency ratio as an increase in the working age ratio will decrease the dependent age population and hence offers a window of opportunity called the demographic dividend. Overall, the paper thrives to identify the success of India in achieving a future expansion of younger population and provides a scientific basis on the role played by the younger population of the India in the development of the India’s growth economically and financially. The results show that a substantial fraction of the growth acceleration that India has experienced since the 1980s—sometimes ascribed exclusively to economic reforms—is attributable to changes in the country’s age structure. Moreover, the demographic dividend could add about 2 percentage points per annum to India’s per capita GDP growth over the next two decades. However, whether India will be able to capitalize on its favorable age structure depends on how well the Indian states are able to reform their economy.

Demography, Population Projection and UN Medium Population Projection

" The Demographic Dividend of India: A Talent pool Challenge", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 6, page no.13-32, June 2019, Available :http://www.jetir.org/papers/JETIR1907B68.pdf

" The Demographic Dividend of India: A Talent pool Challenge", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 6, page no. pp13-32, June 2019, Available at : http://www.jetir.org/papers/JETIR1907B68.pdf