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LATEST NEWS UPDATES | Economic Survey 2018-19: School going population peaks as fertility rate declines -Richard Mahapatra

Economic Survey 2018-19: School going population peaks as fertility rate declines -Richard Mahapatra

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published Published on Jul 5, 2019   modified Modified on Jul 5, 2019
-Down to Earth

Nine states, which have fertility rates well below the replacement rate, will have an aged population by 2030s

India’s population growth rate will decline faster than assumed, according to the Economic Survey 2018-19. In fact, the fertility rate in many states has reached the replacement rate.

“India is set to witness a sharp slowdown in population growth in the next two decades,” analysed the Economic Survey. "The country will enjoy the demographic dividend phase.”

At the same time, the threat of managing an ageing population is very real now. “Some states will start transitioning to an ageing society by the 2030s,” it highlighted.

Chief Economic Adviser KV Subramanian presented the Economic Survey on July 4, 2019, a day before the Budget for the current fiscal is presented. The survey, as elaborated in its introduction, has not focused on the state of the economy, as it is being done traditionally. Rather, it has dealt with major global challenges and has positioned India in those contexts.

The survey has premised its analysis and suggestions for Prime Minister Narendra Modi’s ambitious goal to make India a $5 trillion economy by 2025.

Going by various studies analysed in the survey, India’s population in the 0-19 age bracket has “already peaked due to sharp declines in total fertility rates (TFR) across the country”.

Nine states — Kerala, Tamil Nadu, Karnataka, Andhra Pradesh, Telangana, Maharashtra, West Bengal, Punjab and Himachal Pradesh — have fertility rates well below the replacement rate.

The fertility rates in densely populated states like Bihar, Uttar Pradesh, Jharkhand, Chhattisgarh, Rajasthan and Madhya Pradesh is above replacement rate but declining faster than earlier believed.

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Down to Earth, 4 July, 2019, https://www.downtoearth.org.in/news/lifestyle/economic-survey-2018-19-school-going-population-peaks-as-fertility-rate-declines-65438?fbclid=IwAR30jN6R3Gpn2y5eMJURHBbSzFb8v


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