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Economic Survey

Economic survey 2018-2019
[POPULATION]
--Sharp slowdown in population growth expected in next 2 decades. Most of India to
enjoy demographic dividend while some states will transition to ageing societies by 2030s.
--National Total Fertility Rate expected to be below replacement rate by 2021.
--Working age population to grow by roughly 9.7mn per year during 2021-31 and 4.2mn per
year during 2031-41.
--Significant decline to be witnessed in elementary school-going children (5-14 age group) over
next two decades.
--States need to consolidate/merge schools to make them viable rather than build new ones.
--Policy makers need to prepare for ageing by investing in health care and by increasing the
retirement age in a phased manner.


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