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Tuesday 4th of February 2025 01:52:20 PM |
IN
INDIA'S AGING WORKFORCE AND ECONOMIC CHALLENGES
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By 2050, India's support ratio will match advanced economies, reducing economic benefits from demographics to 0.2 percentage points annually. Workforce participation, especially among women (29% vs. 50–70% in emerging economies), and productivity ($9/hour vs. $60 in high-income countries) must rise. India’s workforce is projected to reach 457.62 million by 2028.
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INDIA'S AGING WORKFORCE AND ECONOMIC CHALLENGES
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