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/PRNewswire/ On January 15, China s State Council issued "Opinions on Developing the Silver Economy and Improving the Welfare of the Elderly," which aims to. ....
China: The Old Age Home of The World financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Technology and professionalism at the service of self-sufficient elderly people thevermilion.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thevermilion.com Daily Mail and Mail on Sunday newspapers.
India s demographic trends include rising population growth and a growing aging population. The value of India s silver economy is approximately $7 billion which highlights the elderly as a unique consumer demographic. By cultivating this market through specialized products and services, new avenues for seniors to lead fulfilling lives will emerge, consequently driving economic expansion. ....
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. ....