India's Rapidly Aging Population Could Spell Economic Trouble Without Quick Reforms
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India's population is rapidly aging due to declining fertility rates, which could lead to economic trouble if growth is not rapid.
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The share of elderly Indians (over 60) will rise from 39 per 100 children now to 136 per 100 children by 2100.
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Developing countries like India are aging faster than developed countries did historically, before reaching similar income levels.
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With fewer working-age people, the burden to provide for more elderly will be challenging for India's economy.
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Boosting productivity, such as via technology like robots, may help offset the impacts of an aging population if reforms are made quickly.