Answer:
The dependency ratio is ratio of working-age population to non-working age population, mostly children and the elderly.
If India's dependency ratio is expected to fall in the coming decades, India will benefit because a larger working population, and smaller dependent population means more productivity, more taxes and more government revenue, and a higher probability of reaching development.
The dependency ratio refers to the ratio of the working-age population to that of the non-working-age population like children and the elderly.
The dependency ratio is the measure of the number of dependents that are between the age of 0 to 14 and those that are over 65 years of age. That is compared to the total population of 15 to 65.
In a country like India, the dependency ratio is going to decline in the coming years. As more people are getting educated and more elderly want to work more thud the larger working population will decline this ratio. Leading to more productivity.
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