New Delhi, July 25 -- India is traditionally known for its young demographic profile. Now it is witnessing a silent but steady demographic transition: an aging population. India still remains a relatively young nation compared to many developed countries. However, signs of aging are emerging. This shift from a predominantly youthful society to a growing elderly population is posing serious economic, social, and policy challenges.

Dimensions of Aging:

Demographic Transition: India's Total Fertility Rate (TFR) has fallen from 3.4 in 1992-93 to 2.0 in 2022. That is below the replacement level of 2.1. Life expectancy has crossed 70 years! Resultantly, the percentage of people aged 60 and above is growing rapidly. With 2021 Census missed due...