Moody's says India will become an 'aged' economy in 16 years

Moody's latest demographic outlook notes that India is ageing ahead of its economic ascent, a trend that could reshape the country's growth trajectory. The rating agency projects that within the next 16 years the nation will cross the threshold that defines an "aged" economy, where the share of older citizens surpasses that of the working‑age population. This shift is expected to occur before India achieves the per‑capita income levels typically associated with high‑income status. Analysts say the timing underscores the urgency for policymakers to address pension, health‑care and labour‑market reforms. The report calls for proactive measures to mitigate the fiscal pressure that an ageing demographic may impose on India's development plans.