Consider the following statements about demography of India:
Which of the above statements is/are incorrect
1 only
Demographic dividend, as defined by the United Nations Population Fund (UNFPA) 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).”
Census, 2011 data shows that India’s working age population (15-64 years) is now 63.4% of the total, as against just short of 60% in 2001. Elderly (65-100) constitute 9% and children (0-14) constitute 24% of the population. The numbers also show that the ‘dependency ratio’ — the ratio of children (0-14) and the elderly (65-100) to those in the working age — has shrunk further to 0.55.