Last month, a United Nations report estimated that India's elderly population (people over 60 years old) will grow at a rapid 41 percent between 2021 and 2031.
It is believed that the female fertility level in India has decreased, which is causing premature ageing of the population. An article in the Hindu claims that it is imperative that India grows its economy rapidly or it runs the risk of getting caught in the middle-income trap.
