• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Nation

NITI Aayog CEO Bets Big On India’s Demographic Dividend

OMMCOM NEWS by OMMCOM NEWS
April 18, 2025
in Nation

New Delhi: NITI Aayog CEO B. V. R. Subrahmanyam sees India emerging as the world’s education hub and a stable supplier of working-age people across the globe, as population has begun to shrink in advanced countries.

Addressing an event here, he pointed out that Subrahmanyam pointed out that this is the first time that the world is seeing a situation where the population is shrinking.

The NITI Aayog CEO highlighted that Japan is hiring 15,000 Indian nurses, while Germany is taking 20,000 healthcare workers as they do not have people, and the family systems in these countries have broken down.

Subrahmanyam further said India can become an education hub for the world, as the single biggest advantage it has, keeping all other things aside, is its democracy.

He said that Indian companies, including law firms and accounting companies, should aspire to become world leaders.

“India will be a stable supplier of working-age people across the world, which is going to be our single biggest strength,” Subrahmanyam remarked.

The NITI Aayog CEO pointed out that the problems faced by middle-income countries are very different from those in low-income countries.

The NITI Aayog CEO also said that currently, the Indian economy is the fifth largest in the world, but will surpass Germany and Japan in three years to become the third largest economy. By 2047, India could be the second-largest economy at $30 trillion, he added.

Subrahmanyam sees a huge potential for India’s demographic dividend. India has a relatively young population, with a median age of 28.4 years.

Approximately 26 per cent of the population is below 14 years and 67 per cent is between the ages of 15 to 64 years, and 7 per cent is above the age of 65. In contrast, the population over 65 years in the US is 17 per cent, and in Europe, it is over 21 per cent, according to official figures.

According to an EY report, in absolute numbers, India will have 1.04 billion working-age persons by 2030.

Correspondingly, India’s dependency ratio would be the lowest in its history by 2030 at 31.2 per cent. India’s young dependency ratio – the number of children below 15 years of age relative to the total population – is expected to overtake the old dependency ratio (ratio of population aged above 65 years relative to the total population).

About 24.3 per cent of the incremental global workforce over the next decade will come from India. This is significant considering the rapidly ageing population in the developed world, creating potential challenges to labour supply in various sectors of the global economy, the report said.

(IANS)

Tags: NITI Aayog CEONITI Aayog CEO B.V.R. Subrahmanyam
ShareTweetSendSharePinShareSend
Previous Post

Bengaluru: Youth, Who Flashed Private Parts At Homemaker, Arrested

Next Post

IPL 2025: SRH Batters Need To Put More Effort In Terms Of Adapting To Conditions, Says Vettori

Related Posts

Nation

Cong Govt Will Be Responsible If Situation Gets Out Of Control: K’taka BJP On Unrest In Coastal Region

May 31, 2025
Nation

Indian Soil, Pakistan’s Plot: CRPF ASI’s Arrest Triggers Massive NIA Crackdown In 8 States

May 31, 2025
Nation

If Rahul Gandhi Contests Elections From Pak, He Will Win With A Thumping Majority: Acharya Pramod Krishnam

May 31, 2025
Nation

Northeast: 27 Dead As Rains, Floods & Waterlogging Disrupt Life

May 31, 2025
Suvendu Adhikari
Nation

Suvendu Adhikari Writes To Rly Minister Alleging Unlawful Action By Kolkata Police On Station Premises

May 31, 2025
Nation

Kolkata Court Remands Law Student Accused Of Hurting Religious Sentiments To 14-Day Judicial Custody

May 31, 2025
Next Post

IPL 2025: SRH Batters Need To Put More Effort In Terms Of Adapting To Conditions, Says Vettori

Narendra Modi

Gita And Natyashastra Included In UNESCO’s Memory Of World Register, PM Modi Calls It 'Proud Moment'

KTR Urges PM Modi To Order Investigation Into 'Destruction' Of Kancha Gachibowli Forest

Khimji
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.