Team Blitz India
NEW DELHI: India is set to be a country for old people. If not now, that could be the case in the next few decades, according to the projections by US non-profit Population Reference Bureau’s data.
Between today and 2050, India’s population aged 65 and older will grow by 14.4 crore, according to the latest analysis, published in national dailies on May 6.
The world has no dearth of Indians, especially after India overtook China to become the most populous country in the world. Going by projections, India’s population is currently 142 crore, or four times the population of the USA.
India currently has an advantage, because right now, people under the age of 25 account for more than 40 per cent of India’s population.
India’s population is relatively young, with 25 per cent of people under age 15 and the working-age population, defined as those between ages 15 and 64, above 100 crore.
The report notes that by 2050, 14 per cent of India’s population will be aged 65 and older, the United Nations’ definition of an aged society.
“The United States crossed this threshold in 2014, and China crossed it this year,” notes the report, adding that, “By the mid-2050s, India will have more people aged 65 and older than under age 15.”
