...Demographic Dividend Opportunity or Threat In 1798, in his An Essay on the Principle of Population, Reverend Thomas Malthus posited that the human population growing at an exponential rate shall someday surpass the level sustainable by the arithmetically growing rate of food production. This statement, which forms the crux of Malthusianism, argued for greater birth control measures to keep population in check. The 19th century, though not without its problems of population related urbanization, didn’t see Malthus’ premonition come to fruition and his argument seemed to have been laid to rest, albeit for half a century when in the wake of unshackling of slavery’s yoke by very many nations in the post war world, it was resurrected by the aptly named neo-Malthusians, including the likes of Paul Ehlrich (the Population Bomb) and the Paddock Brothers (Famine 1975! America's Decision: Who Will Survive?) Influenced by Soviet ideas, India was the first country to have an official population control policy in 1951. While the numbers would say that the policy hasn’t been successful, India has a population of 1.25 billion, the country has, by serendipity or by plan, reached a stage where the potential of its large population and the structure of it has become an important weapon in the country’s growing economic arsenal. The Demographic dividend, as this weapon is popularly called, depends on the make-up of the population, particularly on the dependency ratio, which is...
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...management system captures billing data, patient demographic information, strategic reports, and appointment scheduling. The HITECH Act of 2009 requires that patient demographics, as well as disease data, are collected and reported to federal and state health agencies in electronic format (CDC, 2012). As a result, our practice has made the decision to invest in the purchase and implementation of the Greenway Health practice management system. The purpose of this paper is to provide background on the system, identify the management and organizational goals for selecting this system, the benefits to the organization, and the justification for this capital investment. Greenway Health Practice Management As a web-based application, the Greenway Practice Management system has been selected as the preferred solution because of its ability to verify benefits eligibility for patients, manage patient scheduling and patient billing. The application will streamline the billing process for the multiple office locations in our practice, allowing for centralized management. A primary feature of the Greenway Health Practice Management system is its commitment to interoperability. As Tee Green CEO of Greenway, “if we’re truly going to improve health, we’re going to need to start connecting provider and consumer information with clinical research” (Jayanthi, 2014). The interoperability of Greenway will allow our practice to pull demographic, billing, and scheduling data in combination...
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...Demographics of India India does not collect data but according to the CIA World Factbook it estimates the population is 72% Indo-Aryan, 25% Dravidian, and 3% Mongoloid or other ("India Population 2015"). Eighty percent of the population speaks Hinduism while 13% of the population practice Islam religion (second-largest). Other religious groups include Christian, Sikhs, Buddhists and Jains ("India Population 2015"). While India has twenty-eight states, Uttar Pradesh is the largest with 199,581,520 people. Two other states have more than 100 million people – Maharasta (pop: 112.4 million) and Bihar (pop: 103.8 million). The smallest is Sikkim (pop: 607,688). ("India Population 2015"). As of 2015: ("India Population 2015") Population of India 1,309,201,909 Births Per Day 343,305 Median Age 26.94 Years Life Expectancy (Male) 65.76 Years Life Expectancy (Female) 69.33 Years India is a poor country with most of its population living in villages. Depending on the type of work, the individual may make more than the average person. India does not have dollars, they use rupees. Today, the US $1 is equal to 66 rupees in India. Most individuals make anywhere from $150 to $300 (USD) a month to live on. Poor education may contribute to the low pay as keeping children in school through graduation is still an issue and dropout rates continue to be high. Nationally 29 percent of children drop out before completing five years of primary school, and 43 percent before...
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...International Conference on Technology and Business Management March 28-30, 2011 India’s Demographic Dividend - Issues and Challenges Arun Ingle P B Suryawanshi inglearun@gmail.com pbsurya@gmail.com Pad. Dr. Vitthalrao Vikhe Patil Foundation’s Institute of Business Management and Rural Development, Ahmednagar 1. Introduction India is transforming demographically, in which the population of a nation slows down and life expectancy increases, participation of women in labor force and rate of saving increases. India has its own issues like illiteracy, income disparity, gap between haves and have-nots; etc. This study explores demographic dividend in case of India by studying issues and challenges, the policies to be implemented and lessons to be learned from countries like Japan, Ireland and Thailand. By 2025, India will have over 65% population under working class. This is a unique window of opportunity for deploying resources. This study explores the benefits to be realized and the policies to be implemented; now India is well poised for becoming a super economic power. As all developed nations will have older population by 2026, as their population is aging. It means if India can take the advantage of this situation, by proper deployment of resources, by converting the human potential in to engine of economic growth. This period of demographic dividend is an opportunity for overall growth; it’s not the guarantee for improving the standard of living. This window of opportunity...
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...in India and Implications for Economic Growth David E. Bloom January 2011 PGDA Working Paper No. 65 http://www.hsph.harvard.edu/pgda/working.htm The views expressed in this paper are those of the author(s) and not necessarily those of the Harvard Initiative for Global Health. The Program on the Global Demography of Aging receives funding from the National Institute on Aging, Grant No. 1 P30 AG024409-06. 1 Population Dynamics in India and Implications for Economic Growth1 David E. Bloom Harvard School of Public Health January 2011 Keywords: Age structure China-India comparison Conditional convergence Demographic dividend Demographic transition Economic growth Economic growth in India Policy reform Population health Population of India Abstract Demographic change in India is opening up new economic opportunities. As in many countries, declining infant and child mortality helped to spark lower fertility, effectively resulting in a temporary baby boom. As this cohort moves into working ages, India finds itself with a potentially higher share of workers as compared with dependents. If working-age people can be productively employed, India’s economic growth stands to accelerate. Theoretical and empirical literature on the effect of demographics on labor supply, savings, and economic growth underpins this effort to understand and forecast economic growth in India. Policy choices can potentiate India’s realization of economic benefits stemming from demographic change...
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...Login | Register | News updated at 10:55 PM IST | | Friday 18 November 2011 | | | ------------------------------------------------- Top of Form | | Bottom of Form | Weather Max: 0°C Min : 0°C | | In Bangalore Sunny day | | | | | | * Home * News * ------------------------------------------------- * ------------------------------------------------- * ------------------------------------------------- * ------------------------------------------------- * ------------------------------------------------- * ------------------------------------------------- * ------------------------------------------------- * ------------------------------------------------- * Business * Supplements * ------------------------------------------------- * ------------------------------------------------- * ------------------------------------------------- * ------------------------------------------------- * ------------------------------------------------- * ------------------------------------------------- * ------------------------------------------------- * ------------------------------------------------- * ------------------------------------------------- * ------------------------------------------------- * ------------------------------------------------- ...
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...Research Brief N AT I O N A L D E F E N S E R E S E A R C H I N S T I T U TE China and India The Asian Giants Are Heading Down Different Demographic Paths RAND ReseARch AReAs ChiLDREN AND FAMiLiES EDUCAtiON AND thE ARtS ENERgy AND ENviRONMENt hEALth AND hEALth CARE iNFRAStRUCtURE AND tRANSPORtAtiON iNtERNAtiONAL AFFAiRS LAW AND BUSiNESS NAtiONAL SECURity POPULAtiON AND AgiNg PUBLiC SAFEty SCiENCE AND tEChNOLOgy tERRORiSM AND hOMELAND SECURity C hina and India, the world’s most populous nations, have much in common: Each has more than 1 billion residents; each has sustained an annual gross domestic product (GDP) growth rate over the past decade that is among the world’s highest—9 percent for China and 7 percent for India; and each has been among the world’s most successful in weathering the storm of the recent global recession. Yet a closer look reveals stark demographic contrasts between the two nations that will become more pronounced in the coming decades. These differences hold implications for China’s and India’s relative economic prospects and point to sharply different challenges ahead for each nation to sustain and build on recent economic growth. Abstract Demographic contrasts between china and India will become more pronounced in the coming decades, and these differences hold implications for the countries’ relative economic prospects. china’s population is larger than India’s, but India’s population is expected to surpass china’s by 2025. chi...
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...Research Brief N AT I O N A L D E F E N S E R E S E A R C H I N S T I T U TE China and India The Asian Giants Are Heading Down Different Demographic Paths RAND ReseARch AReAs ChiLDREN AND FAMiLiES EDUCAtiON AND thE ARtS ENERgy AND ENviRONMENt hEALth AND hEALth CARE iNFRAStRUCtURE AND tRANSPORtAtiON iNtERNAtiONAL AFFAiRS LAW AND BUSiNESS NAtiONAL SECURity POPULAtiON AND AgiNg PUBLiC SAFEty SCiENCE AND tEChNOLOgy tERRORiSM AND hOMELAND SECURity C hina and India, the world’s most populous nations, have much in common: Each has more than 1 billion residents; each has sustained an annual gross domestic product (GDP) growth rate over the past decade that is among the world’s highest—9 percent for China and 7 percent for India; and each has been among the world’s most successful in weathering the storm of the recent global recession. Yet a closer look reveals stark demographic contrasts between the two nations that will become more pronounced in the coming decades. These differences hold implications for China’s and India’s relative economic prospects and point to sharply different challenges ahead for each nation to sustain and build on recent economic growth. Abstract Demographic contrasts between china and India will become more pronounced in the coming decades, and these differences hold implications for the countries’ relative economic prospects. china’s population is larger than India’s, but India’s population is expected to surpass china’s by 2025. chi...
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...I am ritz varghese from fy a&f | In the year 2004 India had a population of 1,080 million, of whom 672 million people were in the age-group 15 to 64 years. This is usually treated as the "working age population". Since outside of this age group very few people work, it is reasonable to think of the remainder, that is, 408 million people, as the "dependent population". A nation's "dependency ratio" is the ratio of the dependent population to the working-age population. In the case of India this turns out to be 0.6. On this score India does not look too different from many other developing countries. Bangladesh's dependency ratio is 0.7, Pakistan's 0.8, Brazil's 0.5. | Your views on this article | What is different about India is the prediction that it will see a sharp decline in this ratio over the next 30 years or so. This is what constitutes the demographic dividend for India. India's fertility rate - that is, the average number of children a woman expects to have in her life time - used to be 3.8 in 1990. This has fallen to 2.9 and is expected to fall further. Since women had high fertility earlier we now have a sizeable number of people in the age-group 0-15 years. Benefits of demography But since fertility is falling, some 10 or 15 years down the road, this bulge of young people would have moved into the working-age category. And, since, at that time, the relative number of children will be small (thanks to the lowered fertility), India's dependency ratio would...
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...SKILL UP …strengthening the foundation … together we can & we will make the difference JUNE, 2016 TIKSNA MISSION TRUST Mumbai 2016 Created, 02/02/2015 Refined, 15/06/2016 1|Page Preface Make in India – a major new national program designed to facilitate investment, faster innovation, “Enhance Skill Development”, protect intellectual property & build best-in-class manufacturing infrastructure. Skill development in India is the call of this hour. Among the developing countries of the world, India has the highest potential to meet the skill gap with its large, young, English speaking population. The world shortage of skilled manpower will stand at approximately 56.5 million by 2020. With a target of skilling 500mn by 2020, India can not only fulfil its own requirements but can also cater to the labor shortages in other countries such as the U.S., France and Germany. Presently 80% of the workforce in India (both rural and urban) does not possess any identifiable or marketable skills$. Therefore, bridging this gap (through the various skill development initiatives) could make India the global hub for skilled manpower, and also result in a surplus of skilled manpower of approximately 47 million by 2020. Currently a major proportion of this population is not productively engaged in economic activities due to a ‘skills v/s jobs requirement’ mismatch. There are many skill development programs running to upskill but the kind of success is miniscule...
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...Capitalizing India’s demographic advantage Contents S.no | particular | Page no. | 1 | introduction | | 2 | Stricture of India’s workforce | | 3 | Possible Indian workforce structure by 2020 | | 4 | Comparison of India’s workforce with china china’s workforce | | 5 | Advantages of India’s Demographic Dividend * Cheap labor * Exporting labor force to other countries * Inflow of foreign currency * More Business Activities in Economy * No adverse impact of Recession in Economy * Contribution in Capital Formation * Contribution in Public Revenue * Other advantages of Indian demographic | | Introduction A HAPPY development in recent times has been the increasingly frequent talk about the positive side of our country. Since Independence, we have been generally witnessing only a series of negative cynical comments in the media. As Indians we must be the most self-critical set of people in the world, but this mindset seems to be changing. Among the positive talk has been the reference to India's demographic advantage. We are a billion strong — in the same class as China — and we also have an edge over China. Thirty seven (37) per cent of our population is in the 15-35 years age group against 25 per cent in China.This at a time when developed countries are having a declining population, most of which is becoming increasingly grey. The social security systems...
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...“We are one of the world’s oldest civilizations and one of the youngest nations. Our country’s demographic profile has undergone a major evolution. Now, there is a preponderance of youth. This is a decisive factor in determining our nation’s destiny. .The magic wand is India's people power. The world’s most populous nation, which has built its economic strength on seemingly endless supplies of cheap labor, . The demographic dividend, projects the median age of India’s population as a whole to be 27.5, significantly lower than that of regional peers China and Japan, at 37.6 and 44.4, respectively. For our nation, this opens up as an opportunity for consumer as well as investment boom. China's 1.3 billion populations comprises of just 19% of people below 15. It's regional peer Japan working population accounts for 63% and just 13% to fill the gap in the following couple of decades. France with 65% and US with 67% in the workforce, are soon going to face manpower shortages. And as we all have read in Geography the last year, India is bucking the trend with a growing youth population. Currently 60 percent of India's 1.2 billion people are under age 30. Its working-age population, between 15 and 64, will grow nearly 18 percent by 2020, compared with only 0.3 percent growth for China. With world's graying population, India's huge youth demographics have an edge. Economic prosperity depends crucially on the size and quality of the workforce. The combination of possible...
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...WORKING P A P E R Demographic Trends, Policy Influences, and Economic Effects in China and India Through 2025 JULIE DAVANZO, HARUN DOGO, AND CLIFFORD A. GRAMMICH WR-849 April 2011 This product is part of the RAND National Security Research Division working paper series. RAND working papers are intended to share researchers’ latest findings and to solicit informal peer review. They have been approved for circulation by RAND National Security Research Division but have not been formally edited or peer reviewed. Unless otherwise indicated, working papers can be quoted and cited without permission of the author, provided the source is clearly referred to as a working paper. RAND’s publications do not necessarily reflect the opinions of its research clients and sponsors. is a registered trademark. Preface In this paper we compare the recent and likely future demographic situations in China and India and their implications. This is a background paper for the chapter, “Population Trends in China and India: Demographic Dividend or Demographic Drag?. in the RAND report, China And India, 2025: A Comparative Assessment, MG-1009OSD, by Charles Wolf, Jr., Siddhartha Dalal, Julie DaVanzo, Eric V. Larson, Alisher R. Akhmedjonov, Harun Dogo, Meilinda Huang, and Silvia Montoya, and contains some of material referenced therein. The RAND report was done under the sponsorship of the Office of Net Assessment with the objective of understanding how China and India will compare to one...
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...India’s failure to demonstrate Chinese rates of growth? Over the past two decades, one of the most compelling economic stories has been the rise of India and China, two of Jim O’Neill’s “BRIC” countries (FT Magazine, 2010). Despite the implementation of different economic policies (Gupta, 2008) both countries have emerged as major economic forces in the global economy (Bosworth and Collins, 2007), most notably since 1980. Since then, India and China have experienced a significant reduction in poverty with China lifting 500 million out of social deprivation. According to the World Bank (2013), China has had an average GDP of 10% each year while India has seen her GDP double over a similar period. The countries are often compared due to their large population and geographical vastness as well as climbing from third world countries to major economic forces in a relatively short time. However, despite a significant increase in GDP, India has failed to demonstrate the same rates of growth as China. Although both countries were in a similar position during the early nineties, China’s GDP has increased 7 fold since this time; whereas India, although steady, GDP has doubled. The average annual rate is by 10% in China compared to 5-6% in India (see Figure 1). The purpose of this paper is to compare the rates of growth of India and China over the past 30 years and examine possible explanations for this phenomenon. The economies of these countries are underpinned by social,...
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...policies governed India. Economy was characterized by extensive regulation and public ownership of large monopolies. Owing to economic liberalization in 1991, the country moved to a market based economy and slowly established itself as the world’s fastest growing economies when it reached its highest recorded GDP growth rate of 9%. However there has been significant debate, around liberalization as an inclusive economic growth strategy. Since 1992, income inequality has deepened in India with the wealthiest generating consumption growth and the consumption among the poorest remaining stable. With India’s Gross domestic product (GDP) growth rate touching a decade long low in 2012-13 , growing merely at 5%, more criticism of India's economic reforms surfaced, citing failure to address employment growth, nutritional values in terms of food intake in calories, and also exports growth - and thereby leading to a worsening level of current account deficit compared to the prior to the reform period. Growth that is not inclusive affects the society, the economy and the polity by resulting in real and perceived inequities Thus making growth more inclusive and addressing widespread poverty is a challenge for India which requires sustained investment in people, starting from health and education but also transport and energy infrastructure, review of the poverty reduction programmes, their targeting and efficiency. Sustaining High and inclusive growth Growth Potential in India India’s potential...
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