India is undergoing another profound demographic shift. While it is often celebrated as a young country, India has started aging—much faster than what was thought so far.
Declining fertility, atomistic living associated with rapid urbanization and improving age longevity are accelerating this phenomenon.
According to the United Nations Population Fund (UNFPA), the population aged 60 years and above in India is projected to grow to over 347 million by 2050. In other words, a fifth of the population will be a senior citizen.
Is India prepared to deal with this demographic transition, which will unleash profound social and economic consequences?
To answer all this and more, StratNewsGlobal.Tech spoke to Rajit Mehta, CEO Max India and MD and CEO of Antara Senior Health Care on Capital Calculus.
Anil Padmanabhan has been a journalist for the last 36 years. He has worked in various capacities in several publications including Afternoon Despatch & Courier, Press Trust of India, Business Standard, Mint and was based in New York for India Today. He was a Nieman Fellow in 2001. He tweets at @capitalcalculus.
