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What is meant by the ‘age structure’ of the population? Why is it relevant for economic development and growth?

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Solution: The proportions of people in different age groups in relation to the overall population are referred to as the population’s age structure.

  • The proportion of people under the age of 15 has declined from 42% in 1971 to 31% in 2011. During this time, the ratio of people aged 15 to 64 increased from 53% to 63.7 percent.
  • A country’s age structure changes as it develops, and poor medical facilities and disease prevalence diminish life expectancy. India’s population is quite young. Indians have a younger average age than people in most other countries. The vast majority of Indians are between the ages of 15 and 64. The population’s age structure can be divided into the following age groups:

0 to 14 years old. [Children] aged 15 to 59. [Working population] 60 years old and up. [Old folks]

Relevance for economic development and growth:

  • Life expectancy is increasing as a result of advances in medical knowledge, public health measures, and diet. 
  • It is necessary to comprehend the importance of family planning. The decrease in the 0-14-year-old age group indicates that the national population policy is being adequately executed

Because of socio-cultural developments and economic prosperity in India, the population’s age structure is shifting toward a positive youthful India.

  • In India’s economy, the dependency ratio is reducing, and the working population is increasing, resulting in good growth.
  • economic development and improved quality of living increase life expectancy and alter population structures.
  • Due to low economic growth, there is a high newborn mortality rate and a high incidence of maternal mortality, resulting in a detrimental influence of age structure on the population.

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