Zerodha's Nithin Kamath Warns of India's Aging Population

Nithin Kamath, the co-founder of Zerodha, has warned that India's fertility rate is falling.

This means that Indian women are having fewer babies.

The fertility rate is the number of babies born per woman.

The replacement rate is 2.1 babies per woman, which means that the population stays the same.

India's rate is now 1.9, and it's expected to fall below 2.1 in all states by 2039.

Kamath is worried that India might become an old country before it becomes rich.

This is because an aging population can make it harder for a country to grow economically.

He also noted that wealthier and more educated people tend to have fewer children.

This is a big concern because India has a big difference between rich and poor states.

Kamath's warning is similar to concerns raised by other business leaders about the impact of falling birth rates.