Economic returns of family planning and fertility decline in India, 1991–2061

Srinivas Goli, K. S. James, Devender Singh, Venkatesh Srinivasan, Rakesh Mishra, Md Juel Rana and Umenthala Srikanth Reddy

Journal of Demographic Economics, 2023, vol. 89, issue 1, 29-61

Abstract: Investment in family planning (FP) provides returns through a lifetime. Global evidence shows that FP is the second-best buy in terms of return on investment after liberalizing trade. In this study, we estimate the cumulative benefits of FP investments for India from 1991 to 2016 and project them up to 2061 with four scenarios of fertility levels. The findings suggest that India will have greater elasticity of FP investments to lifetime economic returns compared to the world average (cost–revenue ratio of 1:120). We have taken four scenarios for the goalpost, viz., 2.1, 1.8, 1.6, and 1.4. Although different scenarios of total fertility rate (TFR) levels at the goalpost (i.e., the year 2061) offer varied lifetime returns from FP, scenario TFR

Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:cup:demeco:v:89:y:2023:i:1:p:29-61_2

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