Economics • Indian EconomyEasy
In the context of the Indian economy, what does the term 'Demographic Dividend' signify?
A. High economic growth resulting from an increasing proportion of working-age population relative to dependents✓ Correct Answer
B. Revenue generated by the government through taxation on retirement funds
C. Financial subsidies distributed to elderly citizens above the age of 60
D. The surplus budget allocated for healthcare infrastructure in rural areas
💡 Solution & Explanation
The demographic dividend refers to the economic growth potential resulting from shifts in a population's age structure when the working-age share exceeds the non-working-age dependents. This phenomenon provides countries with an opportunity to boost productivity and savings if supported by adequate educational and health investments. India entered a multi-decade window of demographic advantage around the turn of the century.
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