Demography: Advantage India Introduction * In many ways India’s demographics are the envy of the world * Populations in China, US & Japan getting older, India’s population is getting younger * Since 2018, India’s working population has grown larger than the dependent population children below 14, ppl aged above 65 yrs of age * Working population lasts till 2055 * Working age population increasing due to rapidly declining birth & death rates * Age Dependency Ratio(dependent’s to working age population) expected to rise in 2040 as per UN estimates * Set to take China as the most populous country in the next 8 yrs Reaping the benefits * Working population- increased output * Taxes increasing- goods, services, jobs * Aggregate demand increases * Saving increasing- higher investment Addressing the barriers * Inequalities-Witnessing demogr dividend-Kerala, TN, Opening up-Andhra, Delhi, yet to open-Bihar, UP * Migration- poorer to richer states, * A few states start to age in 2030s * Employment question- era of robotics & 4th industrial revolution * Educational imbalance Stepping stones * Institutional factor- Framing right policies- Health-(family planning services), education- access expansion ,moving from opportunity model to basic model, skilling(4th ID, Robotics) * Social factor-building human capital, ABS, pensions for unorganised , KSN, scholarships, social security(ageing pop), enhancing age at marriage(to dec fertility rate), women empowerment & education, adolescent population * Economic factor-increase manufacturing base, infrastructure- proper urban infra, female labour force participation Conclusion What we spoke of as ‘Population burden’ in the 1990s became ‘demographic dividend’ in no time. A Comprehensive approach needs to be adopted with a focus on women education & employment, adolescent children & old age population. Also emphasising on areas such as skilling, education expansion, urban planning & nutrition will lead us to really reap the benefits & sit on the sweet spot for long
@@mm-in5mx barriers point 1- three set of states facing unequal progress in terms of human development and harnessing the dividend. Thus inequality issue-a huge barrier in reaping hollistic gains
*63. DEMOGRAPHY: ADVANTAGE INDIA* Demographic dividend: The economic growth potential that can result from shifts in a population’s age structure, mainly when the share of the working-age population is larger than the non-working-age share of the population. - This bulge in the working-age population is going to last till 2055, or 37 years from its beginning, 2018. - No of working population increases - the output goes up if jobs are provided. - Taxes increase with govt - more investment. - Aggregate demand goes up - buying cars, consumer durables. - Saves money & invest money Challenges to reap the benefits: - Should be able to utilise - health, education, skilled, opportunities available. - role of institutions in framing right polices. - Regional Disparity: Kerala is already there, AP, Delhi - opening up & Bihar, UP yet to reach demographic peak. - Inequality: Dependence on social background, pockets of economic growth in the same cities. - Technical divide: It would be difficult to transition from agriculture to technology rather than mfg. - Urban infrastructure: not able to handle migration. (Slums in Delhi -> diseases -> lowers productivity) - Female labour force participation: decreased from 27.5% to 19% while in China its 63% Government Schemes: - Health: Ayushman Bharat, goal of eradicating TB, reduction in Communicable & non communicable diseases. - Pension Scheme for Organised. - PM KISAN Samman Nidhi - National population policy. - Bet Bachao Beti Padhao - Low Sex ratio Way to go: - Using Technology: its opening up many new sectors for jobs, to enhance productivity in agri, services & mfg. sector. - Skill development: reeducation & reskilling - should be public funded. - Invest in health, education, nutrition, girl's education, family planning services. - Short term: Policing, teachers, Medium term focus on mfg & long term look into technical aspect & its disruption. - Increasing the access to education Economic Survey focuses on Consolidation of schools as we already hit the 0-19 yrs peak on demography. China focused on basic education & then moved them to production process. - Population Control through family planning & tackling unmet need of contraception. Social determinants like - son at preference need to change. - Services to elderly: Increase the retirement age. We are looking into an era where educated, healthy will take advantage. An equitable, inclusive social & economic growth is what we must aim for while we plan to reap the benefits of demography.
Hi do u have an evernote notebook where u are saving them? If u can share access would be really helpful for revision purpose. Have to come back TH-cam to refer back to some topics at times. Also Thanks for being so regular :)
@@abhishekrai2723 I am not using evernote. However, its arranged in the playlist which you may find useful. th-cam.com/play/PL-rM03tX19ZDt7ZzLlmoze41ev9CUhUkq.html
Introduction: demographic dividend means a boost in economic productivity that occurs when there are growing population in the workforce relative to the number of dependents Positive side:- 1) India's working age is on the rise,it will rise further in future 2) production is going to rise, government will have more money .it will increase savings 3)we have more younger population than other south east Asian countries Practical problems:-1) We have huge younger population but there is huge social ,economic and political inequality 2)there is regional differences in demographic dividend for example keral and Tamilnadu are witnessing this Andhra Pradesh and Delhi is opening on this concept but in Bihar ,up it is yet to open also there is a huge problem of migration 3)we are on the verge of 4 th industrial development so the population should be technologically advanced but there is a huge lack of skill Steps taken 1) many projects on increasing human resources 2) more focus should be on eradication of social , economic and political inequality we have to ensure that our girl child should be in the working population and as well as the care for older people 3) more ITI should be opened Secondary education should be enhanced Conclusion ; demographic dividend is our human resource it's should not be burden if we can take all masses with ourselves to make it progressive
India enters demographic dividend phase which will continue till 2055. A golden opportunity for economic growth.. How to reap India demographic dividend ? Benefits- Raised productivity Tax increase Consumption based demand Saving and investment Only when- 1.Healthy educated skilled 2.Role of the institution to frame policies. 3. Tackle inequality. Other factors- 1. State difference Kerala vs Andhra Pradesh vs bihar Steps taken- 1. Increase productivity through social intervention 2. Technology based economy exploration . 3. Skill India, Ayushman Bharat, scholarship, Kisan Samman yojna. Barriers - 1. Increasing automation 2. Inequality in access to quality education. 3. Transition bw sectors will be difficult 4. Low skilled workforce Should we go for China model ? Basic education + provide skills ..India went for opposite ( focused more on higher education than skill ) What more should be done - 1. Heavily invest employment generation, education ,health, opportunities. 2. Govt has to focus on family planning services. Is any policy action plan needed to control population ? 1. Not punitive 2. Utilise human resource Availability vs employability of laborforce ? 1. Change manufacturing base..enter industrial revolution. 2. Inequality has to be dealt. Are we prepared as we overtake china in population? 1. Adopt comprehensive approach. Economics- social- education. 2. Delay age at marriage. Reforms in Healthcare and eduction ? 1. Urban infrastructure revamping 2. Gender aspect - FLFP , women empowerment. 3. Family planning. 4. Consolidation of schools. 5. Access- Available- Affordable education Best way forward - 1 Educational reforms 2.Focus on adolescent population. 3 Contraceptives. 4 Take care of elderly Missed out points- New educational policy. Skill India mission . Economic survey. Develop entrepreneurial ability.
He was talking about using methods that are used in tele-medicine, tele surgeries. But yeah it is very unlikely that such a need would emerge, where person in Boston will have a haircut from Bihar 😅😂
There are technologies in developement by which you can control a robotic arm at far distance through internet by moving your arm. The robotic arm will move like you move your arm. Thus it is very much possible in near future.
it may be the echo from the studio and amplification from microphone creating beat , as you can notice it is only there when they are speaking.. no sound when Silent
Abhinav prakash is making most relevant point....otherwise everyone is talking of dem9graphic dividend.......whereas any amount of commonsense will tell you that eith huge burgeoning populatoon we are headed towards disaster....a perpetual low income trap.....socialism in india willl not even allow to reach middle inc9me levels like that of china....
Exactly, why do people like to live in this utopian fantasy land I don't understand. Being positive is one thing, but ye to delusional hi ho gaye hai😂 It's definitely going to be a demographic disaster, considering the way things are going on.
Well said, around 5 -7 lac, educated, 20-30 age group people, who are in the prime of their employment do not contribute to the economy. Just goes on to show the sorry state of our economy, good quality jobs are hard to get. I can bet 60% of the aspirants sit for UPSC just because they don't have scope for any other, better employment.
@@vinayak.tiwari Agreed bhai .Actually , I personally feel the biggest issue of India is law and order problem and policy or '' jiski laathi uski bhains '' .Because of this , lust of power is almost in everyone ( may be a small chunk is a believer of Nishkam Karm ) and this lust of power ends with CSE exam and a dream of being an IAS.I personally feel the first step of reaping dividend of Demography is establishing rule of law in practice by reforming and initiating Police reforms and judiciary .But , the saddest part is no one talks about it may it be BJP or Congress.
Nobody mentioned about the new Cabinet committee on skill development and employment, the importance of MSME, importance of data efficiency, the unorganized sector revamping.
Do you mean cryptocurrency ? It's already banned. If you actually meant blockchain rather than banning it, India needs to promote and employ it, NITI aayog is already working on it.
Abhinav prakash talk about ground reality To reap the benefits of demographic dividend first we must work on inequality that exist in country and inequality is going to increase in near future according to World Bank. We must heavily invest in education, skill development of our people and infrastructure spacially in rural areas which needs. We must decentralization of development and wealth so that villege and small towns could also benefit from modern world class facility. We must take care of our elders while making policy bcoz they are not human capital and capitalism don't like those who are not worthy for it.
Frankly Industrial revolution based on mass production and employment is over Now it's age of 4 th Industrial revolution where automation and AI call the shots This will create employment issue Rather than any dividend we have a challenge We have to develop affordable solutions to mprove Education , health etc Also India must think of how to increase our diaspora footprint Especially in nations like Western Europe which face greying of population
A record high uemployment in economy is not a positive sign and shoes that we are not able to take full advantage of our demographic dividend. The economic engine and opportunities should have been set up by the earlier government itself as the current government is struggling to keep it on track due to decades of negligence.
* Unemployment at the highest rate (6.1% in FY-2018-19, the highest in 45 years). * Wage rates at starvation levels (Rs 178 per day is the new national minimum wage says the Union Labour Minister). * 10 to 12 million youths entering the job market each year. Who will give jobs with good wages to this increasing working population? And one of the panelists from World Bank is talking of a barber in Bihar giving a haircut to someone in Boston? Get real people.
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Demography: Advantage India
Introduction
* In many ways India’s demographics are the envy of the world
* Populations in China, US & Japan getting older, India’s population is getting younger
* Since 2018, India’s working population has grown larger than the dependent population children below 14, ppl aged above 65 yrs of age
* Working population lasts till 2055
* Working age population increasing due to rapidly declining birth & death rates
* Age Dependency Ratio(dependent’s to working age population) expected to rise in 2040 as per UN estimates
* Set to take China as the most populous country in the next 8 yrs
Reaping the benefits
* Working population- increased output
* Taxes increasing- goods, services, jobs
* Aggregate demand increases
* Saving increasing- higher investment
Addressing the barriers
* Inequalities-Witnessing demogr dividend-Kerala, TN, Opening up-Andhra, Delhi, yet to open-Bihar, UP
* Migration- poorer to richer states,
* A few states start to age in 2030s
* Employment question- era of robotics & 4th industrial revolution
* Educational imbalance
Stepping stones
* Institutional factor- Framing right policies- Health-(family planning services), education- access expansion ,moving from opportunity model to basic model, skilling(4th ID, Robotics)
* Social factor-building human capital, ABS, pensions for unorganised , KSN, scholarships, social security(ageing pop), enhancing age at marriage(to dec fertility rate), women empowerment & education, adolescent population
* Economic factor-increase manufacturing base, infrastructure- proper urban infra, female labour force participation
Conclusion
What we spoke of as ‘Population burden’ in the 1990s became ‘demographic dividend’ in no time.
A Comprehensive approach needs to be adopted with a focus on women education & employment, adolescent children & old age population. Also emphasising on areas such as skilling, education expansion, urban planning & nutrition will lead us to really reap the benefits & sit on the sweet spot for long
I didn't actually understand your first point of barriers can you explain
@@mm-in5mx our demographic dividend is a matter of envy of other countries.envy means jealousy
Nice summary keep it up
@@mm-in5mx barriers point 1- three set of states facing unequal progress in terms of human development and harnessing the dividend. Thus inequality issue-a huge barrier in reaping hollistic gains
Thanks for this great summary
*63. DEMOGRAPHY: ADVANTAGE INDIA*
Demographic dividend: The economic growth potential that can result from shifts in a population’s age structure, mainly when the share of the working-age population is larger than the non-working-age share of the population.
- This bulge in the working-age population is going to last till 2055, or 37 years from its beginning, 2018.
- No of working population increases - the output goes up if jobs are provided.
- Taxes increase with govt - more investment.
- Aggregate demand goes up - buying cars, consumer durables.
- Saves money & invest money
Challenges to reap the benefits:
- Should be able to utilise - health, education, skilled, opportunities available.
- role of institutions in framing right polices.
- Regional Disparity: Kerala is already there, AP, Delhi - opening up & Bihar, UP yet to reach demographic peak.
- Inequality: Dependence on social background, pockets of economic growth in the same cities.
- Technical divide: It would be difficult to transition from agriculture to technology rather than mfg.
- Urban infrastructure: not able to handle migration. (Slums in Delhi -> diseases -> lowers productivity)
- Female labour force participation: decreased from 27.5% to 19% while in China its 63%
Government Schemes:
- Health: Ayushman Bharat, goal of eradicating TB, reduction in Communicable & non communicable diseases.
- Pension Scheme for Organised.
- PM KISAN Samman Nidhi
- National population policy.
- Bet Bachao Beti Padhao - Low Sex ratio
Way to go:
- Using Technology: its opening up many new sectors for jobs, to enhance productivity in agri, services & mfg. sector.
- Skill development: reeducation & reskilling - should be public funded.
- Invest in health, education, nutrition, girl's education, family planning services.
- Short term: Policing, teachers, Medium term focus on mfg & long term look into technical aspect & its disruption.
- Increasing the access to education
Economic Survey focuses on Consolidation of schools as we already hit the 0-19 yrs peak on demography.
China focused on basic education & then moved them to production process.
- Population Control through family planning & tackling unmet need of contraception.
Social determinants like - son at preference need to change.
- Services to elderly: Increase the retirement age.
We are looking into an era where educated, healthy will take advantage. An equitable, inclusive social & economic growth is what we must aim for while we plan to reap the benefits of demography.
Thanks for the extra effort
Super my dear brother
Thanks man great summary
Hi do u have an evernote notebook where u are saving them? If u can share access would be really helpful for revision purpose. Have to come back TH-cam to refer back to some topics at times. Also Thanks for being so regular :)
@@abhishekrai2723 I am not using evernote. However, its arranged in the playlist which you may find useful.
th-cam.com/play/PL-rM03tX19ZDt7ZzLlmoze41ev9CUhUkq.html
Introduction: demographic dividend means a boost in economic productivity that occurs when there are growing population in the workforce relative to the number of dependents
Positive side:- 1) India's working age is on the rise,it will rise further in future
2) production is going to rise, government will have more money .it will increase savings
3)we have more younger population than other south east Asian countries
Practical problems:-1)
We have huge younger population but there is huge social ,economic and political inequality
2)there is regional differences in demographic dividend for example keral and Tamilnadu are witnessing this Andhra Pradesh and Delhi is opening on this concept but in Bihar ,up it is yet to open also there is a huge problem of migration
3)we are on the verge of 4 th industrial development so the population should be technologically advanced but there is a huge lack of skill
Steps taken 1) many projects on increasing human resources
2) more focus should be on eradication of social , economic and political inequality we have to ensure that our girl child should be in the working population and as well as the care for older people
3) more ITI should be opened
Secondary education should be enhanced
Conclusion ; demographic dividend is our human resource it's should not be burden if we can take all masses with ourselves to make it progressive
India enters demographic dividend phase which will continue till 2055.
A golden opportunity for economic growth..
How to reap India demographic dividend ?
Benefits-
Raised productivity
Tax increase
Consumption based demand
Saving and investment
Only when-
1.Healthy educated skilled
2.Role of the institution to frame policies.
3. Tackle inequality.
Other factors-
1. State difference Kerala vs Andhra Pradesh vs bihar
Steps taken-
1. Increase productivity through social intervention
2. Technology based economy exploration .
3. Skill India, Ayushman Bharat, scholarship, Kisan Samman yojna.
Barriers -
1. Increasing automation
2. Inequality in access to quality education.
3. Transition bw sectors will be difficult
4. Low skilled workforce
Should we go for China model ?
Basic education + provide skills
..India went for opposite ( focused more on higher education than skill )
What more should be done -
1. Heavily invest employment generation, education ,health, opportunities.
2. Govt has to focus on family planning services.
Is any policy action plan needed to control population ?
1. Not punitive
2. Utilise human resource
Availability vs employability of laborforce ?
1. Change manufacturing base..enter industrial revolution.
2. Inequality has to be dealt.
Are we prepared as we overtake china in population?
1. Adopt comprehensive approach. Economics- social- education.
2. Delay age at marriage.
Reforms in Healthcare and eduction ?
1. Urban infrastructure revamping
2. Gender aspect - FLFP , women empowerment.
3. Family planning.
4. Consolidation of schools.
5. Access- Available- Affordable education
Best way forward -
1 Educational reforms
2.Focus on adolescent population.
3 Contraceptives.
4 Take care of elderly
Missed out points-
New educational policy.
Skill India mission .
Economic survey.
Develop entrepreneurial ability.
abhinav prakash ruled the show
Middle person highlights very good points
Overall discussion very good tnq vvvvvvmuch
6:29 how can a barber in bihar give hair cut to somebody in boston ???:O
😂😂😂
He was talking about using methods that are used in tele-medicine, tele surgeries. But yeah it is very unlikely that such a need would emerge, where person in Boston will have a haircut from Bihar 😅😂
Yeh log Lalu Cut Ko GI dila denge
Me too stuck here for a while
There are technologies in developement by which you can control a robotic arm at far distance through internet by moving your arm. The robotic arm will move like you move your arm. Thus it is very much possible in near future.
Alok ji apna alag show chala rhe the
All debate is good for theoretical purposes but many points are beyond practical implementation.
Thanks all of you...😊
@RajyaSabhaTV there is a constant drum beating noise in the background. Kindly see into the audio issue
I thought only I was noticing it. It's so irritating, especially when using earphones 😅
it may be the echo from the studio and amplification from microphone creating beat , as you can notice it is only there when they are speaking.. no sound when Silent
the echo is again entering microphone and amplification is there
Abhinav prakash is making most relevant point....otherwise everyone is talking of dem9graphic dividend.......whereas any amount of commonsense will tell you that eith huge burgeoning populatoon we are headed towards disaster....a perpetual low income trap.....socialism in india willl not even allow to reach middle inc9me levels like that of china....
Exactly, why do people like to live in this utopian fantasy land I don't understand.
Being positive is one thing, but ye to delusional hi ho gaye hai😂
It's definitely going to be a demographic disaster, considering the way things are going on.
On the whole, we can forget our environment for the next 30yrs.
Very good debate..
Bihar barber giving haircut to Boston men coz lalu's haircut will be getting GI TAG by 2020
Aadha demograhic dividened to UPSC ki bhent Chad jata h ....:)
Well said, around 5 -7 lac, educated, 20-30 age group people, who are in the prime of their employment do not contribute to the economy.
Just goes on to show the sorry state of our economy, good quality jobs are hard to get. I can bet 60% of the aspirants sit for UPSC just because they don't have scope for any other, better employment.
@@vinayak.tiwari Agreed bhai .Actually , I personally feel the biggest issue of India is law and order problem and policy or '' jiski laathi uski bhains '' .Because of this , lust of power is almost in everyone ( may be a small chunk is a believer of Nishkam Karm ) and this lust of power ends with CSE exam and a dream of being an IAS.I personally feel the first step of reaping dividend of Demography is establishing rule of law in practice by reforming and initiating Police reforms and judiciary .But , the saddest part is no one talks about it may it be BJP or Congress.
Nothing specific about the debate.. Points are quiet vague
Nobody mentioned about the new Cabinet committee on skill development and employment, the importance of MSME, importance of data efficiency, the unorganized sector revamping.
Seems like Nagarajan fellow had been taking some serious strong stuff personally recommended by Nagaraj himself.
Aaj fir Sanjay Gandhi ki yad aayi🤣
hey frank ...i have suggetion for you ..why dont you make debate on banning block chain technology in india.
Why do we need to ban block chain technology??
Do you mean cryptocurrency ? It's already banned.
If you actually meant blockchain rather than banning it, India needs to promote and employ it, NITI aayog is already working on it.
Abhinav prakash talk about ground reality
To reap the benefits of demographic dividend first we must work on inequality that exist in country and inequality is going to increase in near future according to World Bank.
We must heavily invest in education, skill development of our people and infrastructure spacially in rural areas which needs.
We must decentralization of development and wealth so that villege and small towns could also benefit from modern world class facility.
We must take care of our elders while making policy bcoz they are not human capital and capitalism don't like those who are not worthy for it.
Alok Vakpeyi speaking on the measures to control population, not relevant to the discussion.
Nothing substantial were said about the topic .
Clear answers are not given by panelist to the asked questions.
Demography Bomb not Demography Advantage, we should be concerned about this population should not glorify it.
Frankly
Industrial revolution based on mass production and employment is over
Now it's age of 4 th Industrial revolution where automation and AI call the shots
This will create employment issue
Rather than any dividend we have a challenge
We have to develop affordable solutions to mprove Education , health etc
Also India must think of how to increase our diaspora footprint
Especially in nations like Western Europe which face greying of population
A record high uemployment in economy is not a positive sign and shoes that we are not able to take full advantage of our demographic dividend. The economic engine and opportunities should have been set up by the earlier government itself as the current government is struggling to keep it on track due to decades of negligence.
Banu views are always hypothetical. It is like that he live in another country
What did the World bank consult Bhanu about anyway ? RSTV is inviting him for everything.
Consultant, World Bank could mean anything.
Bhanu is so irritating when he frequently keeps saying 'like like' in the conversation.
What is demographic divident
The ratio of the working population and the dependent population.
why don t you call ladies as panelist..dont u think it would inspire others..?
mam there also women in this show. it is not biased but there can be more
@@yog-sadhna3415 oh..actually i didnt see anyone so..
yeah u r right there can be more obviously.
Why subtital off
Not good debate
late today
* Unemployment at the highest rate (6.1% in FY-2018-19, the highest in 45 years).
* Wage rates at starvation levels (Rs 178 per day is the new national minimum wage says the Union Labour Minister).
* 10 to 12 million youths entering the job market each year.
Who will give jobs with good wages to this increasing working population?
And one of the panelists from World Bank is talking of a barber in Bihar giving a haircut to someone in Boston? Get real people.
Alok vajpai please dont come again
Demographics dividend is real only when you can see massive building , producing , and everyone is working in India. Otherwise, it’s just bragging.