The wages of a K-shaped economy: India’s demographic dividend may be slipping away
Policy framework or directive — a strategic document setting direction, principles, and objectives for governance. Guides the design of schemes, legislation, and implementation strategies.
Summary
Is it time to retire the ‘demographic dividend' from India's national narrative? Recent labour protests have put a spotlight on wage stagnation amid rising prices, but this could be a sign of worse to come if we can’t achieve less inequitable growth.
Key Facts
Type Policy
Source Livemint - Opinion
Published Wednesday, 22 April 2026
Affected Population ~500 million workers, 90% in informal sector
Key Numbers
4 Labour Codes consolidating 29 laws
EPFO: 28 crore subscribers
E-Shram: 30 crore unorganised workers registered
Rs 15,000 crore for Digital India initiatives
Key Authorities
Key Stakeholders
Government Context
NDA III BJP-led NDA
Left Centre Right