Question Q.18GS1GS1
What do you understand by the term 'demographic dividend'? Highlighting the challenges the country faces in realizing the potential of its favourable demography, suggest corrective measures.
Introduction
Demographic dividend indicates high potential for economic growth due to high young and working population of age (5-59 years). As per UNFPA, India held the golden window of demographic dividend till 2025-26.
32 words
Main Body
Benefits of Demographic Dividend
1Increase in working labor force hence high [labor supply]
2Boost to [consumption demand], hence large economic potential and growth
3[Rise in savings] due to working population ← investment demand
4[Low dependency] Ratio, hence lesser burden on [government resources]
5[Human capital] formation and rise in HDE
54 words2 paragraphs
Answer continues on next page
- Clear definition with statistical backing (UNFPA reference)
- Identifies multiple economic benefits
- Links to consumption and investment
- References dependency ratio concept
Topper
MONIKA SRIVASTAVA
AIR 162025
Subject & Paper
GS1GS1
Topic
Role of Women and Women's Organization, Population and Associated Issues
Demographic dividend
Challenges and opportunities in demographic transition
Writing Stats
86
Total words
2
Paragraphs
expository-analytical
Tone