[UPSC Prelims PYQ 2013] How to obtain full benefits of demographic dividend?
To obtain full benefits of demographic dividend, what should India do?
- Promoting skill development
- Introducing more social security schemes
- Reducing infant mortality rate
- Privatization of higher education
Explanation
- Demographic dividend refers to the economic growth potential resulting from changes in a population’s age structure. It occurs when the working-age population (typically 15-64 years) is larger than the dependent population (children and the elderly). This shift can lead to increased productivity, higher savings, and more investment. To utilise this potential, it is essential to ensure that the working-age population is skilled, employable, and productive. Promoting skill development enhances the workforce’s ability to contribute effectively to economic growth.
Answer: (a) Promoting skill development
