Recently, Quality of Life for Elderly Index was released by Dr Bibek Debroy, Chairman, Economic Advisory Council to the Prime Minister (EAC-PM).
Created by:
The Index has been created by the Institute for Competitiveness at the request of EAC-PM.
Index framework includes four pillars and eight sub-pillars:
Four Pillars:
- Financial Well-being
- Social Well-being
- Health System
- Income Security
Eight Sub-pillars:
- Economic Empowerment
- Educational Attainment & Employment
- Social Status
- Physical Security
- Basic Health
- Psychological Wellbeing
- Social Security
- Enabling Environment
Pillar-wise analyses:
» The Health System pillar observes the highest national average, 66.97 at an all-India level, followed by 62.34 in Social Well-being.
» Financial Well-being observes a score of 44.7, which is lowered by the low performance of 21 States across the Education Attainment & Employment pillar, which showcases scope for improvement.
»The states have performed particularly worse in the Income Security pillar. More than half of the states have performed less than the national average of 33.03 in income security, the lowest among all pillars.
Highlights of the Report:
» The Index sheds light on an issue problems faced by the elderly, often not mentioned.
» It identifies the regional patterns of ageing across Indian States and assesses the overall ageing situation in India.
» It presents a deeper insight into how well India is doing to support the well-being of its ageing population.
» Broadens the way we understand the needs and opportunities of the elderly population in India.
» It highlights that the best way to improve the lives of the current and future generations of older people is by investing in health, education and employment for young people today.
» Rajasthan, Himachal Pradesh, Mizoram and Chandigarh lead the rankings in Aged States, Relatively-Aged States, North Eastern States and Union Territories categories, respectively.
Note: The Aged States refer to States with an elderly population of more than 5 million, whereas Relatively Aged States refer to States with an Elderly population of less than 5 million.