Healthy ageing

Context:

A recent global report cut world GDP growth forecast to 2.8% and India’s to 6.2%, citing growing trade tensions, policy uncertainties, and demographic shifts. It recommends “healthy ageing” as a key economic lever.

Relevance:

GS2: Welfare schemes for vulnerable sections, demographic challenges, government interventions

GS3: Inclusive growth, employment, labour reforms, human capital

Dimensions to explore:

  • Demographic Economics: From dividend to drag
  • Labour Policy: Role of older workers in the modern economy
  • Pension and Healthcare Reforms
  • Gender Gaps: Importance of female labour force participation
  • Future of Work: Skilling older and female workers, age-inclusive workplaces

What’s the issue?

  • Many economies are crossing their demographic turning points — fertility rates are dropping, life expectancy is rising, and the demographic dividend is shifting into a demographic drag.
  • This poses risks to labour supply and economic productivity.

Why “Healthy Ageing” is the new economic strategy.

  • The average age globally will increase by 11 years from 2020 to 2100.
  • A 70-year-old in 2022 has similar cognitive ability as a 53-year-old in 2000 — showing how functional ageing is improving.
  • Healthy ageing could boost global GDP growth by 0.4 percentage points annually from 2025–2050.
  • India stands to gain, as its population aged 50+ will grow rapidly during this period.

Way Forward:

  • Workplace Adaptation: Ergonomic and flexible roles for older workers
  • Health-oriented Interventions: Preventive care, mental health, mobility support
  • Pension and Labour Policy Reform: Delay effective retirement age without reducing dignity
  • Gender-focused Measures: Childcare support, work-life balance to encourage women’s participation
  • Skilling at All Ages: Lifelong learning systems and on-the-job reskilling

Prelims Practice Question:

Q. Consider the following statements regarding the concept of “Healthy Ageing”:

  1. It refers only to the physical health of individuals aged above 60.
  2. It can contribute positively to a country’s GDP growth.
  3. India’s share of older workers is projected to decline by 2050.

Which of the above statements is/are correct?

A) 1 and 2 only

B) 2 only

C) 1 and 3 only

D) 2 and 3 only

Answer: B

(Explanation: Statement 1 is incorrect as healthy ageing includes cognitive and functional capacities. Statement 3 is incorrect; India’s older worker population is projected to grow.)

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