Question 18Do you think it is the right time for India to embrace the concept of 'silver dividend'? What measures should India take to reap the benefits of this dividend?GS1GS1
With around 20% of India's population expected to be over 60 years old in 2050, do you think it is the right time for India to embrace the concept of 'silver dividend'? What measures should India take to reap the benefits of this dividend? (Answer in 250 words)
Introduction
At present, India is at demographic dividend advantage. But it is expected to witness rise in old age population in next decade.
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Main Body
Benefits of embracing the silver dividend:
1Increase in skilling for the old age population.
2Old age people knowledge and experience can be utilised in different fields - Example: Administration area.
3Increase in the old population, a lot of new, nearly
Benefits of embracing the silver dividend (continued):
3Increase in the old population, nearly 10 million are old age people. They should be treated as silver dividend.
4By promotion of the inclusive growth, their contribution to the economy can be increased - Example: through pension scheme like Rashtriya Vayoshree Vandome Yojana.
5As there will be more in old age group, it should be turned into an advantage - Example: Encouraging to take up other professions, art forms, etc.
Measures to be taken by India:
1Increase in the retirement age for the employees - also providing voluntary retirement scheme.
2Increase in health facilities - Example: separate department for dealing old age specific diseases.
3Increasing the old age homes - Example: As they are neglected more.
4Promotion of use of prosthetics for free of cost - Example: AIIMCO's prosthetic limb.
5Encouraging and instilling confidence in them - Example: through persuasion to follow their heart and mind.
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Conclusion
Many of the developed countries are witnessing the increased old age population. India should learn the best practices for its future growth.
22 words
- Contextualizes India's transition from demographic dividend to aging population
- Identifies benefits of utilizing elderly population knowledge and experience
- Mentions skilling as an important measure
Topper
Srujana
2024
Subject & Paper
GS1GS1
Topic
Role of Women and Population and Associated Issues
Population and Associated Issues
Silver dividend concept
Writing Stats
248
Total words
13
Paragraphs