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According to United Nations Population Fund (UNFPA), demographic dividend means, "the economic growth potential that can result from shifts in a population’s age structure, mainly when the share of the working-age population (15 to 64) is larger than the non-working-age share of the population (14 and younger, and 65 and older)".The general opinion about Indian demography has been mainly about the young workforce, which is bound to give dividends to India. It implies that India is going to remain likethat. However, the data from the 4th National Family Health Survey (NFHS-4) 2015-16 for the survey period 2013-15 has signaled a monumental shift in modern Indian demographics, as India’s total fertility rates have seen a change. With the Total Fertility Rate now below the replacement rate, Indian population growth has moved past its peak. It signals that the growth of number of youth in the country is on the decline, as the population pyramid has inverted for the first time ever.With fewer births each year, a country’s working-age population grows larger relative to the young dependent population. With more people in the labor force and fewer children to support, a country has a window of opportunity for economic growth if the right social and economic investments and policies are made in health, education, governance, and the economy.
What is The total fertility rate of India ?
2.3
2.18
1.6
1.56
2.5
Recently released statistics have shown a change in demography ofIndia as for the first time in its history, India has reached a TFR (Total Fertility Rate) of 2.18, which is below the average world replacement rate of 2.3, as per the latest NFHS-4 data.Amongst all the states Bihar has the highest fertility rate whereas Delhi and Kerala has the lowest fertility rates in the country.
By: Himani Bihagra ProfileResourcesReport error
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