Social IssuesGS2-Social Justice
India's Silver Dividend and Senior Care Reforms
India faces the challenge of an aging population, but it can be transformed into an opportunity by focusing on health, social, economic, and digital domains to ensure better well-being for the elderly.
October 1, 2024
Key Points
- 1The healthcare consumption of the elderly population is rising, estimated at $7 billion, with a significant portion having chronic ailments, limitations in daily living, and depressive symptoms.
- 2Comprehensive health care at health and well-being centers under the Ayushman Arogya Mandir (AAM) initiative is a good step.
- 3Economic and financial insecurities are addressed through innovative schemes and plans specifically for the elderly, in terms of investments.
- 4The silver economy, comprising economic activities and services for the elderly, is estimated at â¹73,082 crore and is expected to grow.
- 5The government has launched the Senior Able Citizens for Re-Employment in Dignity (SACRED) portal and Senior care Ageing Growth Engine (SAGE) to support senior citizens.
Important Terms
Silver DividendElderly PopulationHealthcareSenior CareSilver Economy
UPSC Current Affairs
Last Updated: 6/6/2025