Quality of Life for Elderly Index 2021 | UPSC
HEADLINES:
“Quality of Life for Elderly Index assesses well-being of India’s ageing population”
WHY IN NEWS:
Hot from PIB !
RELEASED BY :- Economic Advisory Council to the Prime Minister
SYLLABUS COVERED: GS 1 : 2 : 3 : Social Justice : Reports
ISSUE:
QUALITY OF LIFE FOR ELDERLY INDEX 2021
The report identifies the regional patterns of ageing across Indian States and assesses the overall ageing situation in India.
- Rajasthan, Himachal Pradesh, Mizoram and Chandigarh lead the rankings in Aged States, Relatively-Aged States, North Eastern States and Union Territories categories, respectively.
- The report presents a deeper insight into how well India is doing to support the well-being of its ageing population.
RELEASED BY
The Index has been created by the Institute for Competitiveness at the request of EAC-PM and it sheds light on an issue often not mentioned- problems faced by the elderly.
FRAMEWORK
The Index framework includes four pillars:
Also the Index framework includes eight sub-pillars:
SIGNIFICANCE
It goes far beyond the adequacy of pensions and other forms of income support, which, though critical, often narrows policy thinking and debate about the needs of this age group.
KEY HIGHLIGHTS FROM THE REPORT
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.
- States have performed particularly worse in the Income Security pillar because over half of the States have a score below the national average, i.e., 33.03 in Income Security, which is the lowest across all pillars.
- These pillar-wise analyses help States assess the state of the elderly population and identify existing gaps that obstruct their growth
Rajasthan and Himachal Pradesh are top-scoring regions in Aged and Relatively Aged States, respectively.
SOURCES : PIB
SOURCES : PIB
SOURCES : PIB
BACKGROUND
- Without a proper diagnostic tool to understand the implications of its ageing population, planning for the elderly can become a challenge for policymakers.
- The Quality of Life for Elderly Index has been released to broaden the way we understand the needs and the opportunities of the elderly population in India.
This index measures the core domains of Economic, health, and social well-being of older people and provides the in-depth situation of elderly people in India.
- The index can thus help the nation identify areas that need improvement and grab the current opportunity to start putting positive changes in motion for the next decades.
- The index also promotes healthy competition among States through fair rankings and highlights the pillars and indicators they can improve.
- Using this index as a tool, the State governments and the stakeholders can identify the areas they need to work upon to provide their older generation with a comfortable life.
IASbhai WINDUP:
- India is often portrayed as a young society, with a consequent demographic dividend.
- But, as with every country that goes through a fast process of demographic transition, India also has greying cum aging problem.
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Originally published at https://www.iasbhai.com on August 12, 2021.