Zerodha's Nithin Kamath comments on India's falling fertility rate: 'Bihar being the last to cross...'

Zerodha co-founder Nithin Kamath shared data suggesting India's total fertility rate may fall below replacement level by 2031.

Every Indian state is projected to fall below the replacement fertility rate by 2039, with Bihar being the last to cross this threshold.

Kamath raised concerns that India could 'grow old before it grows rich', highlighting a demographic challenge similar to that faced by China and Japan.

The data indicates a sharp decline in fertility rates across all states, with southern states already below replacement levels.

The trend underscores the need for policy attention to potential economic and social impacts of an aging population.