India’s politicians and businessmen who’ve been exulting over having the highest number of youngsters in the population mix had better beware. It’s just a matter of time before this ‘demographic dividend’ turns into a demographic nightmare
In its comprehensive report, NITI Aayog has highlighted the need to cultivate a robust environment for senior care services. The key strategies proposed include implementing a reverse mortgage mechanism aimed at enhancing financial liquidity for seniors. Further recommendations encompass mandatory savings plans, and tax and GST reforms on senior care products.