The dependency ratio is calculated as the ratio of the population typically not in the labour force (dependents, aged 0-14 and 60+ or 65+) to the population typically in the labour force (working- age population, aged 15-59 or 15-64). A declining dependency ratio means that the proportion of the working-age population is increasing relative to the dependent population. This phenomenon, often referred to as the 'demographic dividend', occurs when the birth rate falls, leading to a smaller proportion of young dependents, while the large cohorts born earlier are now entering the working age.
The Dependency Ratio in India is declining because
Asked in UPPCS Prelims 2019 · Topic: India: Population (Demographic Dividend and Ageing Population)
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Answer: C. Population of 15-59 years is relatively high
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