Here is an answer outline with hints for the question “What is the influence of Demographic Transition on economic growth with reference to India”:
Introduction
- Define demographic transition and explain how it can affect economic growth
- Provide a brief history of demographic transition in India
- Discuss the current demographic situation in India
Body
- Discuss the different ways that demographic transition can affect economic growth, such as:
- A larger working-age population can lead to higher productivity and economic growth.
- A smaller dependent population can lead to lower government spending on social welfare programs.
- Provide examples of how demographic transition has affected economic growth in India, such as:
- India’s economic growth rate has increased in recent years, due in part to a larger working-age population.
- India’s government spending on social welfare programs has decreased in recent years, due to a smaller dependent population.
- Discuss the challenges that India faces in taking advantage of demographic transition, such as:
- India’s education system needs to be improved in order to make the most of its large working-age population.
- India needs to create more jobs in order to absorb its growing workforce.
Conclusion
- Summarize the main points of the essay
- Discuss the importance of demographic transition for economic growth in India
- Offer suggestions for how India can take advantage of demographic transition to achieve sustained economic growth.
Hints
- Demographic transition is the process by which a country’s population moves from high birth and death rates to low birth and death rates.
- Demographic transition can have a positive impact on economic growth by increasing the size of the working-age population and decreasing the size of the dependent population.
- India is currently in the midst of demographic transition.
- India has a large working-age population and a small dependent population.
- India’s economic growth rate has increased in recent years, due in part to demographic transition.
- India’s government spending on social welfare programs has decreased in recent years, due to demographic transition.
- India faces challenges in taking advantage of demographic transition, such as improving its education system and creating more jobs.
- India can take advantage of demographic transition to achieve sustained economic growth by improving its education system, creating more jobs, and investing in infrastructure.