As China ages, will India’s youthful population be at a competitive advantage in the decades ahead? For many in the Indian policymaking establishment, it seems to be virtually a given that India’s demographics are going to help the country overhaul its northern neighbour and rival.
Over the next 30 years, India will account for the single largest increase in the world’s population. With 40 per cent under the age of 18, many see potential for a big demographic dividend from a low dependency ratio and rising rates of savings and investment.
