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Demographic dividend, as defined by the United Nations Population Fund (UNFPA), is "the economic growth potential that can result from shifts in a population’s age structure, mainly when the share of the working-age population (15 to 64) is larger than the non-working-age share of the population (14 and younger, and 65 and older)". [1]
India is the most populous country in the world with one-sixth of the world's population. According to estimates from the United Nations (UN), India has overtaken China as the country with the largest population in the world, with a population of 1,425,775,850 at the end of April 2023. [12] [13] [14] [15]
The Demographic Window is defined to be that period of time in a nation's demographic evolution when the proportion of population of working age group is particularly prominent. This occurs when the demographic architecture of a population becomes younger and the percentage of people able to work reaches its height.
World population pyramid from 1950 to projected in 2100 (UN, World Population Prospects 2017) A population pyramid (age structure diagram) or "age-sex pyramid" is a graphical illustration of the distribution of a population (typically that of a country or region of the world) by age groups and sex; it typically takes the shape of a pyramid when the population is growing. [1]
5.4% of rural India has completed high school. 3.4% of rural households have a family member who is a graduate. [64] 4.6% of all rural households in India pay income tax. 14% of rural households are employed either with the government or the private sector. 180,657 households are engaged in manual scavenging for a livelihood. Maharashtra, with ...
Based on the Census of India (2011), the state has a population of 49,471,555 residents. [1] The sex ratio is way above the national average at 992 as against 978 in 2001. Spread over an area of 160,205 km 2 , the state has a population density of 308 as against 277 in 2001 Census, which is below the national average. [ 2 ]
The "Dual Sector Model" is a theory of development in which surplus labor from traditional agricultural sector is transferred to the modern industrial sector whose growth over time absorbs the surplus labor, promotes industrialization and stimulates sustained development.
In the discrete case, an economic inequality index may be represented by a function I(x), where x is a set of n economic values (e.g. wealth or income) x={x 1,x 2,...,x n} with x i being the economic value associated with "economic agent" i.