2 days ago

Demographic Change Makes Traditional Knowledge an Economic Priority

Demographic Change Makes Traditional Knowledge an Economic Priority
Demographic change and the creative economy · thehansindia.com

The creative economy includes things people make or do using ideas, skills and culture.

The article says many of Bharat’s creative ideas come from knowledge that communities have passed down for generations.

Young people may move away from traditional jobs and communities, making that knowledge harder to pass on.

The share of people aged 15–29 is expected to shrink, even though their number will remain large.

Changes in the cattle economy are one example of traditional practices changing.

The article says traditional knowledge can inspire new products, businesses and learning experiences.

Technology and research can help record and share this knowledge.

The goal is to let traditions change and grow without losing their connection to the communities that created them.

Key facts

Global creative-services exports
UN Trade and Development estimates they reached US$1.7 trillion in 2024.
Bharat creative-services exports
Approximately US$102 billion, according to the article.
Youth population
An estimated 371.4 million people aged 15–29 in 2021, or 27.2% of the population.
Projected youth share
24.1% in 2031 and 22.7% in 2036.
Total cattle
Rose from 190.90 million in 2012 to 193.46 million in 2019.
Indigenous and non-descript cattle
Declined from 151.17 million in 2012 to 142.11 million in 2019.
Exotic and crossbred cattle
Increased from 39.73 million in 2012 to 51.36 million in 2019.
Census caveat
Religious-affiliation figures record reported affiliation and do not separately quantify conversions or establish the causes of demographic change.

Sources

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