Working-age Indian population rising; expected at around 64% in next census: SBI Research
working-age population in India has witnessed an increasing trend since 1971 and is projected to reach 64.4 per cent in the soon-to-be exercised Census, as per a report by SBI Research.
It will further increase to 65.2 per cent in 2031, the report asserted on Tuesday.
The working age population, people in the age bracket of 15-59, rose from 55.4 per cent in 1991, to 56.9 per cent in 2001, 60.7 per cent in 2021.
The average annual growth is on a downward trajectory and is expected to decline from 2.20 per cent in 1971 to 1.00 per cent in 2024, putting the national population somewhere in the range of 138-142 crore in 2024, the SBI research said.
State-wise incremental share in total population growth reveals the share of southern states, mainly Tamil Nadu, Andhra Pradesh and Telangana the growth to decline while northern states, led by UP and Bihar drive the growth. North and Eastern regions together are expected to have 52 per cent share in the entire population.
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