Race against time: India’s demographic dividend has a window of just 15 years or so before ageing sets in
Finally, another challenge is that India’s workforce is rapidly ageing. By 2022-23, it was more or less equally divided between two age groups: below 45 and above. By 2040, India will be ageing, since the half over 45 will near retirement. Most of them, however, will have no pension support.
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