Care & Compassion for Senior Citizen
CA (Dr) Biswadev Dash
PhD (Gold Medallist) | Insolvency & Valuation Expert | Chartered Accountant | CEO, 4Line Legal & Compliance | Finance & Tax TV Anchor | Founder Myna Healthcare Trust & Lighthouse Old Age Home | Lord Jagannath Devotee
Reimagining Senior Care: Challenges and Opportunities in a Changing World
This article explores the evolving landscape of senior care, focusing on the growing population of older adults in India.
Longevity on the Rise:
Driven by advancements in healthcare, lifestyle changes, and improved access to nutritious food, India is witnessing a significant increase in its senior citizen population. Currently, over 10.5% of Indians are above 60, and this number is projected to double by 2050.
Shifting Family Dynamics:
However, this demographic shift coincides with a societal transition from joint families to nuclear ones. This raises concerns about how to best support our aging population.
Key Challenges:
Building a Supportive Future:
These challenges necessitate a multi-pronged approach:
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Conclusion:
By recognizing the challenges and opportunities presented by our growing senior population, we can build a more inclusive and supportive society. It's time to leverage Corporate Social Responsibility (CSR) initiatives and potentially revise relevant legislation to prioritize senior well-being.
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Chief Executive Officer at Trident Global Media & Entertainment
4 个月There's a growing need to address the social well-being of all citizens, especially the underprivileged. While some have access to healthcare and pensions, many lack these basic necessities.
Innovator, Director, Writer, Designer
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Currently Practicing CA & Independent Director(IICA) Formerly Director with JRSCA Consulting & Advisory Pvt Ltd
7 个月Very well presented. For the underprivelged, enough is not being done and there is a compelling need to get health care and pension schemes , through Govt intervention. For those who are better positioned, the needs, apart from health care have to particularly identified and addressed. Tata Group companies offer free Hospital facilities for their retired employees and other corporate houses may well adopt such initiatives. This would get covered under CSR. Another perspective is to create a talent pool for retired scientists,doctors, lawyers, Accountants, and professors, so that they may be made available for community services. This would give them a renewed purpose in life and at the same time harness their wealth of knowledge and exposure even in their sunset years.
PhD (Gold Medallist) | Insolvency & Valuation Expert | Chartered Accountant | CEO, 4Line Legal & Compliance | Finance & Tax TV Anchor | Founder Myna Healthcare Trust & Lighthouse Old Age Home | Lord Jagannath Devotee
8 个月The senior people sometimes face legal problems. It may be related to property rights, taxation or matrimonial disharmony. In our country, many of the legal practitioners are not working ethically. The seniors are facing unnecessary litigation expenses and wasting their savings. Some protections are necessary in this matter. There should be unbiased, legal help centers and speedy disposal of matters taking in to account all related factors and justice in the best possible manner.