Elderly Population in India

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 Ageing India: Concerns and Solutions 


Currently India is enjoying demographic dividend which will eventually turn into an ageing population, as highlighted by the “India Ageing Report 2023”, which shows 1/5th of India's population in 2050 will comprise people aged above 60 years. This will pose certain challenges which need to be addressed. 




Challenges Posed by India's Ageing Population


  • Low Labour Force: With the aging population surpassing the working age and children population, a decline will be observed in the availability of the labour force which will impact the country's development.

  • Strain on Healthcare Services: Ageing population faces various ailments ranging from cardiovascular and lifestyle diseases to dementia and cancer, this will put a burden on healthcare resources.

  • Less Consumption in Economy: Less population by the ageing population will hamper the country's growth as it will reduce demand for more production, invention, technological advancements which will impact India’s economy and government revenue.

  • Low Research and Development: An ageing population is less likely to demand or engage in Research and Development (R&D), which will curb inventions in the country.


Ageing is a natural process, and to ensure the security and development of elderly population of India, better healthcare services are required, which can be planned in the following ways:- 


  • Affordable Insurance Services: Majority of ageing population belongs to poor socio-economic background, who no longer have any source of income, for them health insurance offered by private entities are often not affordable. Thus there is a need for availability of affordable alternatives.

  • Accessible Healthcare Services: For ageing population residing in rural and remote areas, and for elderly with locomotory diseases, healthcare services are not easily accessible. This can be addressed with better infrastructure planning, availability of transport services for aged people and option of affordable home care services.

  • Focus on Female Ageing Population : life expectancy of females is more than their male counterparts, and female ageing population is more likely to be widows who do not have any assets and are dependent on her family. This group need special attention with tailor made alternatives like pension schemes and health insurance for women above 50 years of age. 

 

A truly developed nation looks after it's children as well as the ageing population to convert them into the country's asset and provide them the social security and respect they deserve. Focus should be given to foster community support and in-situ ageing to ensure their well being.

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