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February 22 @ 7:00 am - 11:30 pm


Countries like Italy and China are grappling with the complexities posed by unfavourable demographics, and India is not exempt from these challenges.

The nation is witnessing an ageing population, a declining fertility rate, and an increased life expectancy, signalling an impending shift in its demographic dividend.

To address the needs of the growing senior population, NITI Aayog has released a paper on senior care reforms in India, shedding light on deficiencies in regulatory provisions, accessibility, and service implementation in senior care.

Projections for India:

  • Current Scenario: Senior citizens (60 years and above) constitute nearly 10% of the population, accounting for approximately 104 million individuals.
  • 2050 Projections: The elderly population is estimated to surge to 319 million, constituting nearly 19.5% of the total population.

Anticipated Impacts:

  • Shifting Disease Burden: A rise in chronic diseases among the elderly.
  • Rising Dependency Ratios: Increased dependence on the working-age population for support.
  • Evolving Family Structures: Changes in the traditional joint family system.
  • Altered Consumption Patterns: Shifts in the market dynamics due to changing consumer needs.
  • Structural Changes in Labour Markets: Impacts on employment structures and demands.

Challenges Faced by the Elderly:

  • Disease Burden: 75% of the elderly grapple with chronic diseases, with a significant portion facing depressive symptoms.
  • Lack of Proper Geriatric Illness Management: Insufficient focus on managing age-related health concerns.
  • Increased Medical Expenditure: Rising healthcare costs for the elderly.
  • Inaccessible Physical Infrastructure: Infrastructure not adapted to the needs of the elderly.
  • Deficient Financial Planning: Lack of adequate financial preparations for old age.
  • Food Insecurity: Inadequate access to proper nutrition.
  • Loneliness: Nuclear family structures contribute to increased loneliness, affecting the mental health of the elderly.
  • Fragmented Social Safety Nets: A significant portion of the elderly lacks pensions and health insurance coverage.

Recommended Solutions:

  • Healthcare Improvements: Enhancing wellness and therapeutic interventions, strengthening physical and mental health services, and developing emergency response infrastructure.
  • Use of Technology: Integrating technology into healthcare through wearable devices, AI-based smart housing, and a robust telemedicine market to transform the lives of seniors.
  • Social Security: Expanding the coverage of pensions, introducing geriatric health insurance plans, and implementing GST reforms on senior care products to create a comprehensive social safety net.
  • Role of Private Sector: Encouraging private-sector and non-profit voluntary organizations to play a vital role in meeting the diverse needs of the elderly.

Changes in Employment Models: Rethinking retirement age to accommodate increased life expectancies, fostering more flexible working models, and unlocking the benefits of the longevity dividend.


February 22
7:00 am - 11:30 pm
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