Analyze Germany’s demographic challenge and the introduction of the Chancenkarte visa

Germany is facing a serious demographic challenge—its aging population and critical shortage of skilled workers are threatening the country’s economic future.
With an estimated seven million skilled workers needed by 2035 and over 700,000 current vacancies, Germany’s economic growth potential has sharply declined from about 2% in the 1980s to just 0.7% today. Without urgent action, this figure is projected to fall further to 0.5%, risking the nation’s economic stability. In response, Germany is seeking to address this gap through targeted skilled migration, and India is a key partner in this effort.
Germany launches Chancenkarte ( Opportunity Card), work visa for one year without job offer to resolve the above issue.