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In this paper, we assess the economic benefits of demographic changes in India by employing econometric models and robustness checks based on panel data gathered over a period of more than three decades.
India's population dynamics have witnessed significant changes, leading to critical trends, challenges, and implications for its society and economy. The country's demographic transition, marked by declining birth and death rates due to improved healthcare and family planning efforts, has resulted in a massive population.
The study of India’s demography is essential to understand the dynamics of economic development and economic welfare. Theory of demographic transition helps to understand and analyse the change in the magnitude of population.
Demographic transition is the single most important feature for understanding India’s development. The demographic transition represents both huge past achievements of the country, as well as substantial challenges that lie ahead. It provides an important overarching framework
These changes would be crucial for India to stabilize its population before reaching 1.65 billion. India’s demographic journey through the path of the classical demographic transition suggests that India is very close to achieving replacement fertility.
India, the second most populous country in the world has undergone several demographic changes. The current age composition shows high quantum of young population. This is an opportunity for the country if appropriate policy measures are taken.
India's population dynamics have witnessed significant changes, leading to critical trends, challenges, and implications for its society and economy. The country's demographic transition, marked by declining birth and death rates due to improved healthcare and family planning efforts, has resulted in a massive population.
