India is 2nd most populous country where more than half of the population is under the age of 25. In the next decade, this age group will join the workforce. The addition of this young age into the workforce will contribute to a remarkable hike in GDP per capita and be a reason for extraordinary economic prosperity. Presently India is a country of the Young independent age group where more than 60% population lies in the age cohort between 15 and 60 indicates that India has already achieved the condition of demographic dividend by the earlier investment into social, educational, and health facilities.
The demographic dividend is normally a window of opportunity and it has two terms effects e.g. demographic bonus and burden. If all the people in a working-age cohort get a chance to engage themselves for any productive work then they can improve the country’s existing economic condition otherwise this working-age people would be a burden for this country. Currently Indias employment rate, GDP per capita, Labour Force Participation Rate (LFPR) gradually increase which indicate that India achieves the goal of Demographic window of opportunity to some extent but Unemployment rate, out-migration rate, female LFPR gradually decreased in last few decades which indicates India has failed to access the opportunity in all its entirely.