Demographic dividend: An advantage in danger of vanishing

Policymakers are usually focused on short-run economic management issues. But, the short run has to be a bridge to the long run.” The most important chapter in this year’s Economic Survey—the chapter on India’s demographic advantage, chapter 2—begins with these wise words. The natural question that arises then is: what is that long-run issue that should keep policymakers awake at night and busy in the day?

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