ISO 9001:2015

SOCIO-ECONOMIC IMPLICATIONS OF AGING IN INDIA

Dr. Jehangir Bhraucha

This paper attempts to explore and analyze the prevailing scenario of the Indian public healthcare sector in relation to India’s aging population and the facilities provided in both the private as well as public sectors. Based on the various government policies relating to pensions, social security and protecting the rights of senior citizens the paper identifies the discrepancies that exist between the policies set by the government and its implementation as against the actual scenario. It also focuses on the private sector, and how it has evolved to provide services to fulfill the needs of the aged. It further studies the various initiatives and schemes undertaken by the government and also provides suggestions to address the root causes with regard to the shortcomings of social security and retirement in India. The paper attempts to assess both the social and economic impact on India’s increasingly aging population and the influence of this demographic change as our culture becomes increasingly westernized and the concept of joint families begins to lose its appeal. The research raises a question on the applicability and feasibility of the processes currently employed and proposes how to tackle the existing issues therein. Factoring in changes in life expectancies, medical improvements, and India’s struggle with poverty as well as other such influences on the treatment of seniors this paper provides an overview of the aging problem in India and support.

Keywords: Aging Population, Private Healthcare, Public Healthcare, Old-Age Homes, Life Expectancy.


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