All societal groups must contribute positively to the development of a country, but young people and children in particular must have the chance to express themselves. Investments made by households and the country in children and young people pay off in the long run through the high productivity of the economically active population up until they join the elderly generation. India's population is currently among the youngest in an ageing world, but by 2050, a sizable chunk of it will be elderly. The outcome of demographic transition, which alters the population's age distribution, is the demographic dividend. After experiencing periods of high birth and death rates in the 1920s, India entered into a phase of declining fertility and mortality rate in the eighties. 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.