Job deficit may stymie India demographic dividend
Significance At 1.4 billion in 2022, India's population is expected to reach 1.7 billion by 2050 before levelling off. The projection also confirms that India can expect to sustain a 'young' population and improvements in its workers-to-dependents ratio until at least 2050. Currently, 65% of Indians are under 35 years of age and 90% under 59. The proportion of under-59s is still expected to be 80% in 2050 and 65% as late as 2100. However, questions arise over how far this 'demographic dividend' can be realised. Impacts India lacks a comprehensive policy to achieve energy security, which is necessary for promoting manufacturing. Near-term, tepid global demand dampens prospects for export-oriented manufacturing. India has yet to prioritise vocational training to facilitate employment; in this, India is not unlike China.