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After the Dividend
As in any other society, in India too, the economic security of the aged is based on three main sources: their own income and savings, support from the extended family, particularly children, and support from the state. As India moves rapidly towards a demographic future in which the elderly form a large part of the population, this article examines trends in each of the three supports. While doing so it identifies the policy challenges and lists suggestions to deal with them.
India Human Development Survey was funded by grants R01HD041455 and R01HD061048 from the US National Institutes of Health and a supplementary grant from the Ford Foundation. Data analysis was funded by the UK government as part of its Knowledge Partnership Programme. We gratefully acknowledge inputs from Reeve Vanneman and Amaresh Dubey and participants in a roundtable on “Caring for the Elderly in India: Challenges for a Society in Transition” at the National Council of Applied Economic Research (New Delhi).
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