Since 2018, India’s working-age population has grown larger than the dependent population consisting of children and senior citizens. This youth bulge is going to last for 37 years. However, the current economic slowdown has led to layoffs, growth decline in various sectors and joblessness. Necessary steps like policy support and reforms must be taken to make full utilisation of India’s demographic dividend to promote the growth and development of the economy.
As per the latest Sustainable Development Goals Index (SDG) 2020-21 of the NITI Aayog, India reported fewer poor and more fed people, but it is nearly as unequal as last year it was. Inequality in India is not new and it is noticed on various fronts. The Covid-19 pandemic has shown us the inequality prevailing in India through various instances whether it is increased income of the richer people or inequality in accessibility to vaccines. The pandemic has also shown widespread gender inequality across various sectors. There has been an alarming rise in inequality in India despite government efforts. It is high time that the causes and consequences of inequality are paid attention to and a suitable way forward is looked into.