India is regarded as a country with “Demographic Dividend”. This is due to
Its high population in the age group of 15-64 years
A demographic dividend is the freeing up of resources for a country’s economic development and the future prosperity of its populace as it switches from an agrarian to an industrial economy. India’s large pool of young population especially below 15 years is a valuable asset for the country but with a demographic divide. Census 2011 data shows that India’s working age population (15-64 years) is now 63.4% of the total population, as against just short of 60% in 2001.