Demographic Dividend = More workers than dependents + Right policies = Chance for faster economic growth.
Demographic Dividend is a economic growth that a country can get when it has more working-age people (15 to 64 years old) than people who are too young or too old to work.
India is in this phase right now — a large young population. If properly used, it can become an asset. If not, it can turn into a burden (unemployment, frustration, instability).
What are the Factors that Can Lead to Demographic Disaster?