Kites Senior Care, a geriatric care service provider has secured Rs 45 crore in a series A funding round, led by Ranjan Pai, chairman of Manipal Education and Medical Group (MEMG) through his family office. The funds will be used to deepen its presence in cities like Bengaluru, Hyderabad, Chennai, while also facilitating expansion into three additional cities across Southern India, the company said. The expansion and growth plan entail a total outlay of Rs 65 crores, with Rs 45 crores being infused by Pai and the remaining Rs 20 crore by the promoters themselves, said Rajagopal, who is the […]

Government think tank NITI Aayog has pitched for tax reforms, mandatory saving plan, and housing plan for senior citizens in India, as the population of senior citizens is projected to reach 19.5 per cent of the country’s population by 2050. In a report titled ‘Senior Care Reforms in India – Reimagining the Senior Care Paradigm’, NITI Aayog said a national portal for senior care must be developed for senior citizens to provide easy access of services to them. “Since the social security framework in India is limited, most seniors depend on the income generated from their savings. Variable interest rates […]

As we enter the new year, we proudlyannounce that our 10th Anniversarycelebrations at the Global AgeingNetwork’s biennial conference, on 7thand 8th September 2023 was a hugesuccess. The conference which was held atGlasgow in Scotland was attended byabout 30 CommonAge delegates fromacross the Commonwealth. They werejoined by over 650 of their colleaguesfrom nearly 50 countries. Read more at https://www.asli.org.in/wp-content/uploads/2024/02/CommonAge-Annual-NewsLetter-2023.pdf

We work hard to ensure that our family lives in comfort in the present and in the future. We earn money and invest it. But what if we fail to ensure its smooth transition to our legal heirs? Wealth transmission post-death is a challenging process. What does not gain much attention is accessing a breadwinner’s investments while she is alive but incapacitated, that is, physically or mentally unfit to manage one’s financial affairs. Niranjan Vemulkar, co-founder and chief executive officer of Yellow, a digital will-making platform, shares an example. “We know of a case where the breadwinner went into a […]

An analysis of budget expectations of senior citizens draws attention to their concern over accessible infrastructure and high rates of GST applicable on many of the services and products used by the elderly among other things. The analysis, based on a survey by Agewell Foundation involving interactions with 10,000 elderly persons from across states, brings into focus the aspirations of senior citizens in the present era, marked by nuclear families. Nearly 76% of older persons suggested that the government should make products and services like adult diapers and wheelchairs exempt from GST or place them in lower GST rate slabs. […]

In an episode of “The Sopranos”, a popular television series which started airing in the 1990s, a gangster tells Tony, from the titular family, that he wants to retire. “What are you, a hockey player?” Tony snaps back. Non-fictional non-criminals who are considering an end to their working lives need not worry about broken fingers or other bodily harm. But they must still contend with other potentially painful losses: of income, purpose or, most poignantly, relevance. Some simply won’t quit. Giorgio Armani refuses to relinquish his role as chief executive of his fashion house at the age of 89. Being […]

A proud Sanatani. Nationalist. India first. Don’t believe in Secularism. Don’t like liberals. Read more at https://x.com/kashipathiravi/status/1754846734264463557?t=ShEnn2A5LfpXSiCKm-Ys3w&s=08

India’s senior care sector is expected to witness major innovations in 2024, from bio-wearables and health trackers to improved health management, allowing people to take charge of their health. The world of senior care is experiencing a transformative shift led by technological advancements and a growing focus on proactive health management. In 2024, the industry is anticipating some noteworthy developments in senior care technology that will empower individuals to take charge of their health and well-being. One of the most prominent spheres of innovation is the use of bio-wearables or health trackers. These devices are at the forefront of preventive […]

This report, developed by a consortium of leaders from finance, health, academia and government, offers a strategic approach to the challenges and opportunities of an ageing global population. It proposes principles aimed at ensuring the financial resilience of all generations amid diverse national systems and goals like financial security and healthy living. By 2050, the global population aged above 60 is projected to more than double from 1 billion in 2020 to 2.1 billion, underscoring the urgent need for strategic approaches to ageing. The report tackles sensitive issues such as ageism, gender pension gaps and socioeconomic disparities in retirement savings. […]

India, a country known for its multigenerational households, is undergoing a significant demographic change in recent years. India had 104 million people aged 60 and above as per the Census 2011, contributing to 8.6% of the total population. When the population of senior citizens continues to increase, there is a need for senior housing societies that have gained popularity, to cater to their needs and preferences. These housing societies offer a combination of financial security and wellness-focussed living for them. Moreover, the Covid-19 pandemic has taught everyone to have his/her own house, especially the senior citizens who need extra care […]

Home to homecare, travel to consumables, a whole economy is springing up around the needs of India’s senior citizenry, helping them live life on their own terms There is an air of excitement at Dehradun’s Antara Senior Living theatre. The 30-seater space is brimming with people, and the staff is hurriedly adding more chairs. Residents Anil Sud, 89, and Seema Sud, 83, are particularly thrilled as they have curated a song sequence—‘60 years of Dev Anand’s life in 60 mins’—to celebrate the legendary actor’s 100th birth anniversary. Anil, the former managing director of EMI/ HMV (now Saregama), reminisces how “HMV […]

The Association of Senior Living India (ASLI) has announced a new world-class program that is poised to transform India’s senior care industry, often referred to as the ‘silver economy’. The 4th ASLI Aging Fest, to be held at Le Meridien Hotel, New Delhi on November 17, 2023, is set to highlight the immense growth potential within the senior care sector and these exciting investment opportunities. This historic program was officially announced during an event organized on the occasion of ‘The International Day of Older Persons’ in the presence of Saurabh Garg, Secretary, Department of Social Justice and Empowerment. In his […]

The Association of Senior Living India (ASLI) has announced a landmark event that promises to revolutionise India’s senior care industry, often referred to as the ‘Silver Economy’. The 4th ASLI Ageing Fest, scheduled for November 17, 2023, at the prestigious Le Méridien Hotel in New Delhi, is poised to shed light on the immense growth potential within the senior care sector and the unprecedented investment opportunities it offers. Read more at https://www.asli.org.in/wp-content/uploads/2023/10/Outlook_Real-estate_Issue.pdf

How to mitigate loneliness, a growing public health problem that is silently taking epidemic proportions? Aiming to find answers, the World Health Organisation has recently formed a technical advisory committee and it is now scouting for experts to assist them in this process. The experts will help the UN health agency to identify mechanisms that can be used to reposition the issue as a genuine global public health problem. They will also help in mapping and identification of effective interventions to promote social connection and reduce social isolation and loneliness that can be the basis for scaling up interventions in […]

There is an emerging need to reintroduce and promote the union of the traditional Indian joint family system with a modern approach that encompasses a service-based solution essential to allow each generation to enjoy the stability of a joint family and the independence of a nuclear family, the Intergenerational living concept. Being a pioneer in creating senior living communities in India through community-based solutions, Primus senior living has laid special focus on building an ecosystem that enables elders to reduce the aging process. As the social fabric of India evolves it is seen that families like to live near each […]

Projections indicate a significant rise in the spending power of senior citizens, from $100 billion in 2020 to an astounding $1 trillion by 2030. The Indian senior living market, valued at approximately $10.15 billion in 2022, is set for significant growth with a projected compound annual growth rate (CAGR) of 10 percent over the next six to eight years, as reported by the Association of Senior Living India (ASLI). Adarsh Narahari, the Chairman of ASLI and Managing Director of Primus Senior Living, emphasized the demographic shift India is experiencing, with one in every five Indians expected to be 55 years […]

Lumis Partners-backed Age Care Labs, which operates elder care brands EMOHA and Epoch, has raised $11 million led by Rainmatter Capital and Gruhas. The round will be used for expansion and suitable acquisitions by the companies. Eldercare platform Age Care Labs, which includes technology platform Emoha and care home chain for the elderly with dementia, Epoch, has raised $11 million in a pre-Series B round led by venture capital firms Rainmatter Capital and Gruhas. Other investors in the round include Executive Chairman of Everstone Capital Alok Oberoi, former CEO of Aditya Birla Capital Ajay Srinivasan, and others. Returning investor Lumis […]

Nutrition and diet play a significant role in the management of arthritis and can help alleviate symptoms, reduce inflammation, and improve overall joint health. Arthritis – An autoimmune disorder where body attacks it’s own tissues in joints that results in inflammation in one or more joints, severe pain, swelling, decrease in motion by time, disability, stiffness that may worsen as we grow and even premature death. It can be due to infection in body, any underlying disease, wear and tear of tissues or metabolic disorders. Nutrition and diet play a significant role in the management of arthritis. While there’s no […]

ASLI (Association of Senior living India) is working to support the senior care sector and raise awareness. ‘53 years, 9 months and 24 days that’s how long my soul mate and I were married’, reminisces Mr. Gera, an octogenarian who had to reengineer his life after his wife’s death. He continues, ‘We had our tiffs but she was the light of my life and when she left – nothing made sense anymore’ Maintaining and managing the home they had lovingly built, became a chore and he was not willing to disturb his daughter’s well-settled life in her own matrimonial home […]

The Association of Senior Living India (ASLI) has announced a landmark event that promises to revolutionize India’s senior care industry, often referred to as the “Silver Economy.” The 4th ASLI Ageing Fest, scheduled for November 17, 2023, at the prestigious Le Méridien Hotel in New Delhi, is poised to shed light on the immense growth potential within the senior care sector and the unprecedented investment opportunities it offers. This landmark event was officially announced during a curtain-raiser event held coinciding with “The International Day of Older Persons” in the presence of Dr. Saurabh Garg, Secretary, Department of Social Justice & […]

The Association of Senior Living India (ASLI) has announced a landmark event that promises to revolutionize India’s senior care industry, often referred to as the “Silver Economy.” The 4th ASLI Ageing Fest, scheduled for November 17, 2023, at the prestigious Le Méridien Hotel in New Delhi, is poised to shed light on the immense growth potential within the senior care sector and the unprecedented investment opportunities it offers. This landmark event was officially announced during a curtain-raiser event held coinciding with “The International Day of Older Persons” in the presence of Dr. Saurabh Garg, Secretary, Department of Social Justice & […]

The Association of Senior Living India (ASLI) has announced a landmark event that promises to revolutionize India’s senior care industry, often referred to as the “Silver Economy.” The 4th ASLI Ageing Fest, scheduled for November 17, 2023, at the prestigious Le Méridien Hotel in New Delhi, is poised to shed light on the immense growth potential within the senior care sector and the unprecedented investment opportunities it offers. This landmark event was officially announced during a curtain-raiser event held coinciding with “The International Day of Older Persons” in the presence of Dr. Saurabh Garg, Secretary, Department of Social Justice & […]

The Association of Senior Living India (ASLI) has announced a landmark event that promises to revolutionize India’s senior care industry, often referred to as the “Silver Economy.” The 4th ASLI Ageing Fest, scheduled for November 17, 2023, at the prestigious Le Méridien Hotel in New Delhi, is poised to shed light on the immense growth potential within the senior care sector and the unprecedented investment opportunities it offers. This landmark event was officially announced during a curtain-raiser event held coinciding with “The International Day of Older Persons” in the presence of Dr. Saurabh Garg, Secretary, Department of Social Justice & […]

The Association of Senior Living India (ASLI) on Wednesday announced a landmark event that promises to revolutionise India’s senior care industry, often referred to as the “Silver Economy. The 4th ASLI Ageing Fest, scheduled for November 17, 2023, at the prestigious Le Méridien Hotel in New Delhi, is poised to shed light on the immense growth potential within the senior care sector and the unprecedented investment opportunities it offers. This landmark event was officially announced during a curtain-raiser event held coinciding with “The International Day of Older Persons” in the presence of Dr. Saurabh Garg, Secretary, Department of Social Justice […]

The Association of Senior Living India (ASLI) has scheduled the 4th ASLI Ageing Fest on November 17, 2023. To be held at the Le Méridien Hotel in New Delhi, the event will focus on the growth potential within the senior care sector and the investment opportunities it offers. The event was announced during a curtain-raiser event held coinciding with The International Day of Older Persons. Saurabh Garg, secretary, department of social justice and empowerment, emphasised that the ministry has allocated funds for startups venturing into senior care products and services and expressed a strong desire for more startups to participate […]

The Association of Senior Living India (ASLI) on Wednesday announced an event that aims at empowering seniors to embrace their journey and explore endless possibilities while advocating for crucial reforms and policies, including reverse mortgage policies, special zones for senior housing, and insurance coverage for senior care operators. The 4th ASLI Ageing Fest, which will be held in the national capital on November 17, is poised to shed light on the immense growth potential within the senior care sector and the unprecedented investment opportunities it offers. This event was officially announced during a curtain-raiser event held coinciding with “The International […]

Read more at https://www.bhaskar.com/business/news/sli-aging-fest-2023-to-unveil-blueprint-to-harness-1-trillion-investment-potential-in-indias-senior-care-sector-131909027.html

The market for senior living in India was valued at about $10.15 billion as of 2022 and is projected to maintain a robust compound annual growth rate (CAGR) of 10 percent over the next six to eight years, according to Association of Senior Living India (ASLI). Adarsh Narahari, chairman of ASLI and managing director, Primus Senior Living, said that by 2030, one in every five Indians will be 55 years or older, reflecting the scale of the market to address. To address the needs of senior living and highlight the growth potential within the senior care sector and the investment […]

Read at http://www.univarta.com/initiative-to-promote-the-industry-of-manufacturing-assistive-devices-to-serve-the-elderly/india/topnews/3058906.html

The market for senior living in India is currently valued at approximately $10.15 billion and is expected to maintain a strong compound annual growth rate (CAGR) of 10 percent over the next six to eight years. These findings were reported by the Association of Senior Living India (ASLI), with Adarsh Narahari, chairman of ASLI and managing director of Primus Senior Living, emphasizing that by 2030, one in every five Indians will be 55 years or older, highlighting the significant market potential to address. To address the growing needs of senior living and showcase the investment opportunities within the senior care […]

The Association of Senior Living India (ASLI) has announced an event that promises to revolutionize India’s senior care industry, often referred to as the “Silver Economy.” The 4th ASLI Ageing Fest, scheduled for November 17, 2023, at the Le Méridien Hotel in New Delhi, will shed light on the immense growth potential within the senior care sector and the unprecedented investment opportunities it offers. This event was officially announced during a curtain-raiser event held coinciding with “The International Day of Older Persons” in the presence of Dr. Saurabh Garg, Secretary, Department of Social Justice & Empowerment In his keynote address, […]

Alzheimer’s Day 2023: During this period, it is important not to lose patience or question their symptoms- instead, observe and see if clinical intervention is required. Dementia is a progressive, neurological condition with several psychiatric and behavioural symptoms often making it extremely difficult for family members and caregivers to care for such elders. There are several types of dementia, Alzheimer’s being the most common and classical form of it. At the onset of dementia, symptoms such as forgetfulness, confusion, repetition or changes in mood may mimic age-related changes or other clinical conditions such as delirium or depression making an early […]

The power to be heard with compassion is a way to enrich lives of the elderly, said Professor Alok Kumar Chakrawal on the sideline of a conference here on Tuesday. “Moving beyond medical care for elderly, a volunteer-based approach has been introduced in a project dubbed ‘Shravan Line’. The aim is to empower elderly to take charge and improve the quality of their lives,” said Chakrawal, who is the vice-chancellor of Guru Ghasidas Vishwavidyalaya (GGU), a central university. The elderly helpline is overseen by the university’s department of social work and in association with other NGOs and agencies. The 650-acre […]

Unity Small Finance Bank has revised the interest rates on fixed deposits with effect from May 2, 2023. Now, it offers senior citizens a maximum interest rate of 9.50% per year on fixed deposits held for 1001 days, while regular citizens earn 9.00% per year for the same time frame, according to the bank website. Unity Small Finance Bank FD interest rates It offers interest rates ranging from 4.5% to 9% for normal citizens. Senior citizens will receive an interest rate of 9.5% on fixed deposits held for durations of 1001 days, compared to 9% for retail investors for the […]

Medulance will provide well-equipped ambulances to the patients of Yodda requiring urgent medical support Elderly care service provider Yodda has partnered with Medulance, emergency medical response service provider to offer fast and reliable emergency medical care to the clients of Yodda requiring medical support. The collaboration aims to provide well-equipped ambulances by Medulance to ensure prompt and efficient first-point medical attention during transit to the hospital. Yodda Elder Care empowers the elders through a network of on-field and on-call staff that is supported by a platform based on the confluence of new age technologies. Read more at https://www.expresshealthcare.in/amp/news/yodda-elder-care-partners-with-medulance-to-offer-fast-emergency-medical-care-to-patients/439101/

The Railways earned an additional revenue of around Rs 2,242 crore from senior citizen travellers in 2022-23 by revoking concession offered to them, an RTI response has found. The national transporter had generated Rs 1,500 crore in excess between March 20, 2020 — when the assistance was suspended after the onset of the Covid pandemic — and March 31, 2022. In its reply to a Right to Information (RTI) query filed by Madhya Pradesh-based Chandra Shekhar Gaur, the Railways said that between April 1, 2022 and March 31, 2023, it did not offer concessions to almost eight crore senior citizens […]

The premier health institution of Lucknow plans to cater to the needs of terminally ill patients and their families Terminally ill patients in the state capital will soon be able to avail of expert advice from a team of palliative care experts, as the King George’s Medical University (KGMU) is planning to start home visits by such teams. “We are working to form teams from among paramedical and nursing students/staff which can visit houses of terminally ill patients and explain to the family about taking care and dealing with emergency situations, including the time of death,” said Prof Sarita Singh, […]

MLA K.P. Mohanan, Chairman of the Legislative Committee on Welfare of Senior Citizens, said that proposals will be submitted before the Legislative Assembly Committee to ease technical hurdles in getting the rights and benefits of senior citizens. The committee said that it will recommend home-based welfare pension mustering for those above 80 years of age. MLAs Ramachandran Kadanapally, K.P. Kunhammed Kutty, Job Michael, and Vazhoor Soman also participated in the sitting held at the Collectorate Conference Hall on Wednesday. The committee received about twelve petitions and suggestions. Read more at https://www.thehindu.com/news/national/kerala/proposals-for-senior-citizens-welfare-to-be-submitted-in-assembly-mla/article66782017.ece/amp/

Palliative Care at Artha provides comfort, dignity, and quality of life to elderly patients, irrespective of their health stage, ailment, illness, or disease. According to a study conducted by the Indian Journal of Palliative Care, only 1% of the population in India has access to palliative care. The need for palliative care has increased tremendously in India, with an ageing population and an increase in chronic diseases such as cancer, heart disease, and diabetes. Artha Assisted Living recognizes the importance of providing holistic care to elderly patients and is proud to offer Palliative Care services. The Palliative Care team at […]

With a mid-scale developer buying a Godrej property in Bengaluru for senior living apartments, experts say this will evolve as a sub-asset class for an integrated real estate model. Godrej Properties has sold one of its six towers at the Godrej Royale Wood project to a mid-scale real estate developer, Manasum, in northern Bengaluru for over Rs 100 crore. The tower, sprawling over 1.7 lakh square feet (sq ft), has 191 apartments designed for senior living, starting from Rs 46 lakh, as confirmed by Manasum. Experts say several prominent builders have started building assets and creating sub-assets (by exiting partially […]

Elderly across Delhi-NCR speak about safety concerns, the process of ageing, and the anxieties of living alone. Laxmi Dabas, 75, on Thursday, 11 February, went for an eye-checkup to a clinic 12 km from her house in South Delhi. “The eye drop used by the doctor left me with a blurred vision. I was told it’s going to be that way for 6-7 hours. My son lives in Bengaluru. He said he’d book a cab for me to go home but I decided to stay back because I did not want to risk taking a cab when I couldn’t see […]

Union Budget 2023: Union Finance Minister Nirmala Sitharaman presented the last full-fledged Union Budget 2023 of the Modi government before the 2024 Lok Sabha elections. The Budget Session of Parliament began on Tuesday and the first part will conclude on 13 February. The Parliament will re-convene on 12 March for the second part of the Budget Session that will conclude on 6 April. Sanjay Viswanathan, Chairman, AdiGroup: “As G20 President, India is committing leadership on transitioning to the Green Economy. Today’s bold Budget earmarks $4.0 billion to establish Green Hydrogen as primary fuel source. With a target of 5 MMT […]

While other similar market segments, such as caregiving or home visits from nurses, have been freed of tax burdens, at-home elder care continues to be taxed at a rate of 18 per cent – a factor affecting the decision-making process of millions of seniors throughout the country causing inconvenience, stress, and anxiety With the upcoming rise of professional elder care providers in India, it is unfortunate that a large proportion of the elderly population are still unable to make use of such services. While other similar market segments, such as caregiving or home visits from nurses, have been freed of […]

Kites Senior Care, a geriatric care service provider, has raised $2 million in pre-series A round from Ranjan Pai, chairman of Manipal Education and Medical Group (MEMG). The company will use the capital to scale its operations in Bengaluru and expand into new cities such as Hyderabad and Chennai. It also aims to launch an integrated technology platform that connects the entire senior care ecosystem in its health management and well-being, Kites said in a statement. Read more at https://www.livemint.com/companies/start-ups/manipal-group-s-ranjan-pai-invests-in-kites-senior-care/amp-11673509201967.html

Ahead of the Union Budget for 2023-24, some NGOs have put forward some suggestions for the betterment of the country’s rising elderly population — increase in old age pension, more relief in income tax and GST exemption on services and products frequently used by the elderly. The Agewell Foundation said elderly-friendly budgetary provisions have become the need of the hour due to the ever-increasing gap between older people and the younger generation, the demanding lifestyle of older persons in view of a longer span in old age, and their growing vulnerability. Read more at https://m.economictimes.com/news/india/increase-in-old-age-pension-more-tax-relief-gst-exemption-for-elderly-ngos-demands-from-union-budget/articleshow/96882063.cms

The proposed changes will set off strikes by trade unions next week. French Prime Minister Elisabeth Borne said the reform is an effort to fiscally balance the country’s pension system. The French government on Tuesday said it would increase the retirement age from 62 to 64 by 2030, a move that will enrage the country’s powerful labor unions. Read more at https://amp.dw.com/en/france-plans-to-raise-retirement-age-to-64-angering-labor/a-64344793?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts

The GST-Authority for Advance Rulings (AAR) has held that a subscription-based elder care programme provided to senior citizens living alone — comprising medical check-ups at home and logistic support in terms of medicine & grocery deliveries, helping with bank work and utility bill payments – is not tax-exempt. Three subscription packages were provided by the startup entity Snehador Social & Health Care Support. Senior citizens could enrol in a package best suited to their needs. The packages had an annual registration fee, a quarterly fee and a refundable security deposit. Services provided are not ‘health care services’ that are GST-exempt […]

The company will use the funds to expand its services across south India to reach over 2,500 beds in the next two years. Athulya, a Chennai-based senior care services provider, has raised ₹77 crore ($9.3 million) in funding from North Haven India Infrastructure Partners, a fund managed by Morgan Stanley India Infrastructure. The funds will be used for its upcoming expansion plans. Founded by Karthik Narayan, Srinivasan G, and J Krishna Kavya in 2016, Athulya offers assisted living, transition care and home healthcare to dependent seniors over the age of 60. The geriatric care firm will soon launch palliative care […]

Dozee announced its proprietary contactless vital signs (VS) measurement technology has received US FDA 510(k) clearance. According to nursing and midwifery professional organisations, India falls short of the WHO recommended rate of three nurses per 1,000 population and needs 4.3 million more nurses by 2024 to meet the WHO norms. Dozee aims to bridge this massive gap by adopting automated patient monitoring systems across secondary and tertiary public hospitals. Studies have shown that remote patient monitoring technology reduces the workload on nursing staff for monitoring patients in hospitals and clinics, and improves efficiency by enabling them to continuously monitor multiple […]

45.40 seconds. That’s the new record set by the 105-year-old Rambai in 100m at the inaugural National Open Masters Athletics Championships – conducted by the Athletics Federation of India – that concluded in Vadodara on Sunday. “It’s a great feeling and I want to race again,” said the grand old lady of Indian athletics who clinched a golden double in sprints – the 100m on June 15 and 200m on Sunday in 1 minute, 52.17 seconds. Her next target is to take part in international tournaments. She is planning to apply for a passport. Asked why she didn’t compete at […]

SC decides property dispute pertaining to inheritance of assets belonging to one P.S. Dahrawka, who had 8 children with wife Kaithuami: Seven daughters and a son. Among some ethnic communities in the Northeast, the right to inherit property depends on whether one took care of their parents in old age. In Mizoram, the ‘Mizo Customary Law’ backs this system. This law was cited by the Supreme Court while hearing a property dispute matter Tuesday, as it affirmed the rights of a divorcée daughter and granddaughter of a Mizo to inherit his property, despite objections by several other family members. Read […]

Age-appropriateness is actually about bowing to everybody’s expectation but your own. The jersey top has to cover the hips, the kurtas must be comfort-fit, the sari cannot be a bright red, the make-up must be minimal, and the hair better not dyed anymore. Perhaps the right word should be age-attractiveness. “Turning 70. Drinks and sinful, slurpy food. Claridge’s,” read the save-the-date from a friend, whom I had never known to be effervescent or indulgent. All her life, her diminutive frame bore the weight of her PR firm and the rigour of discipline. She was only generous with her smile. So, […]

The government is drawing up a regulatory framework for providing healthcare to the elderly in the country. It plans to outline standards and operational guidelines for service providers as the country braces to provide care to its ageing population, which is expected to double over the next 30 years. The NITI Aayog held several rounds of stakeholder consultations with industry and ministries concerned, including health and family welfare and social justice and empowerment, on the issue, said a senior government official. Read more at https://economictimes.indiatimes.com/industry/healthcare/biotech/healthcare/regulatory-framework-for-elderly-healthcare-in-works/articleshow/90037883.cms?from=mdr

With International Women’s Day around the corner, Evergreen Club, the online community for older adults, has launched its Women’s Day campaign titled ‘Lady Act Your Age’. In relation to the 2022 Women’s Day theme ‘Break The Bias’, the video highlights age-related stereotyping faced by elderly women in everyday life. Through the video, Evergreen Club points out how older women are not allowed to be themselves and judged for whatever they do. They are often questioned for even doing mundane things like exercising and hanging out with friends. This stereotyping includes comments on their appearances, activities, how they live and how […]

India has the second-largest population of older people (60+) in the world, with currently an estimated elderly population of 140 million+. They are expected to reach about 20% of the total population by the year 2051. Till a few years back, in India, issues concerning older persons were considered as peripheral issues only. But now keeping in view of this fastest-growing section of the society, the government at various levels has focused on issues concerning older people in its core agenda. Read more at https://social.un.org/ageing-working-group/documents/twelfth/Contribution_OP_Sustainable_Dev_impact_covid19_on_OP%20-February%202022.pdf

Older People seek a fair share in the forthcoming budget – Agewell Foundation appeals to the FM on behalf of Old People January 17th, 2022, New Delhi: With an ever-increasing population of older persons and a longer life span in old age, the profile of older people has changed remarkably. Old age-related varied needs and requirements are now emerging as new challenges. For most elderly in upper age groups, taking care of their health is becoming an increasingly difficult task. On the other hand, a huge population of older persons in lower age groups (60-70 years) is struggling to keep […]

India is going through a demographic shift – from being a young nation, India is seeing a sharp rise in its elderly population. It is estimated that, by 2030, 12% of India’s population will be over the age of 60 and by 2050, 20% of the population will be Senior. However, is India ready for this new Consumer Segment! While the Senior Care Segment has seen a steady growth as a sector of interest across stake holders, but the Ecosystem for Seniors in India is in its infancy. As a service provider to Seniors, I have developed my own view […]

NGOs have urged the government to increase the allocation of funds for health and nutrition for adolescents and elderly in the upcoming budget. In its survey conducted among 5,000 old people across the country, Agewell Foundation found that the budgetary provisions can address the issues concerning them to a larger extent. Read more at https://www.ndtv.com/business/budget-ngos-seek-higher-fund-allocation-for-adolescents-elderlys-health-2713233?amp=1&akamai-rum=off

An unpleasant sensation that elicits the desire or the reflex to scratch is how itch has been classically defined. Scratching does help ward off that insect which is troubling you; but pruritus (as itch is called) that persists for longer than six weeks is a pathological state with profound effects on the health, physical and mental, of one in seven persons. Ongoing research has uncovered a wide range of mechanisms underlying what appears to be a single condition. Read more at https://www.thehindu.com/sci-tech/science/when-it-itches-you-scratch/article38275284.ece/amp/

Founder of GoodFellows Shantanu Naidu, who works as Mr Ratan Tata’s business assistant, says that the benefits of his intergenerational friendship with Mr Tata as well as his affection towards the elderly over the past several years have prompted him to embark on this journey. According to the 2011 census, almost 15 million elderlies in India live by themselves. While they may find ways to fulfill their utility needs, the empty nest syndrome has them lead lonely, isolated lives. Seniors don’t have access to emotional stimuli and companionship because of unavailable, separated, or busy families. Millennials carry significant anxiety and […]

COVID-19 has completely changed our world, since the beginning of 2020. The impact of COVID-19 pandemic has altered our perception of life and its various facets. Healthcare for one will never be the same. As healthcare professionals across the world are coping with financial cutbacks; revenue loss and capital slowdown, triggered by the COVID-19 pandemic, many foresee a turnaround in the short term. Read more at https://www.asli.org.in/wp-content/uploads/2021/10/IMT_Oct-2021.pdf

In popular American show on Netflix Grace and Frankie, a retired cosmetics baron and a hippie artist are forced to live under the same roof when they get to know that their husbands are in love and want to get married. The series goes on to show how the two septuagenarians navigate life independently. Not only do they go for indulgent holidays and steamy dates, they also launch their business venture, Rise Up, to make hydraulic-powered toilet seats for the elderly. Read more at https://www.asli.org.in/wp-content/uploads/2021/10/The-Business-of-the-Elders.pdf

In the last decade, the population growth in India (2011 to 2021) for people above sixty years is 38.8 percent, leading to the current population of 137.9 million, which is 10.1 percent of the total population (Ministry of Statistics, 2021). The aging trend in Kerala over the last six decades grew from 5.83 percent in 1961 to 20.9percent in 2021. Because Kerala is greying faster, there is an urgent need for policies and services (public transportation, home assistance such as meal programs, supportive and inclusive environments, equal employment opportunities, nondiscriminatory access to quality health care, elder-friendly infrastructure, and social protection) […]

While the ‘out of hospital’ geriatric care models are very popular in the developed countries, India is just in its early days of adopting these models. This ‘out of hospital’ care ranges from Nursing homes. Hospice memory Care centers, Psychiatric care centers to home based care as well. Read more at https://www.asli.org.in/wp-content/uploads/2021/10/Best-Startups-To-Watch-For.pdf

Dozee provides remote health monitoring solutions and devices that track heart health, respiration, sleep quality and stress levels. Its AI-based health intelligence module assesses user’s vitals data and conducts risk analysis Health-tech startup Dozee, which offers contactless remote monitoring solutions, on Thursday said it has raised $6 million (or roughly ₹44 crore) as part of its Series A funding, led by existing investor Prime Venture Partners. Read more at https://www.livemint.com/companies/start-ups/dozee-raises-6-million-in-series-a-funding-11626926180198.html

Over 88% elderly are either facing or had to face covid-19 related issues, showed the findings of a survey done by the NGO Agewell Foundation. Agewell volunteers interacted with 1500 elderly across Delhi-NCR during July with an objective to assess the current living conditions and the impact of covid-19 on their life. Read more at https://www.livemint.com/science/health/88-elderly-are-either-facing-or-had-to-face-covid-related-issues/amp-11628077723913.html

Kerala, as per 2021 data, has the maximum proportion (16.5%) of elderly people in its population, followed by Tamil Nadu (13.6%), Himachal Pradesh (13.1%), Punjab (12.6%) and Andhra Pradesh (12.4%), according to a government report. The proportion is the least in Bihar (7.7%) followed by Uttar Pradesh (8.1%) and Assam (8.2%), according to the report of the Elderly in India 2021 document released on Thursday by the ministry of statistics and programme implementation (MOSPI). Read more at https://timesofindia.indiatimes.com/india/kerala-has-highest-share-of-elderly-in-population-bihar-lowest/articleshow/85088230.cms

New Delhi, Aug 11 (PTI) Noting that financial support in old age is a necessity, NGOs for elderly have said that with an increasingly longer life span, income generation through a second job and gainful engagement post-retirement has become the need of the hour. Reacting to a recent report titled ”Quality of Life for Elderly Index”, prepared by the Institute for Competitiveness, the NGOs welcomed the focus on the ”quality of life of the elderly” looking at major aspects like financial and social wellbeing. Read more at https://www.outlookindia.com/newsscroll/amp/ngos-for-elderly-call-for-financial-support-in-old-age/2139528

Senior First is the best elderly care services platform for senior citizens. Read more at https://www.seniorsfirst.in/blogs

Unlike normal old age homes, assisted living ensures that the senior citizen has his or her own space. They get their individual apartment spaces and they can customize them the way they want. In her one BHK space, Vallinayagi, 83, sings her favourite devotional songs and a few Tamil love songs. She then spends her time reading her favourite weekly journals and spiritual books. The entire set-up looks like a regular home of an elderly citizen but here the only difference is that Vallinayagi is part of an assisted living community. Read more at https://www.indiatoday.in/cities/story/assisted-living-breaking-the-taboo-of-old-age-homes-in-chennai-1840264-2021-08-13

CHENNAI: Population of those above 60 years in India has been increasing steadily since 1961 and it touched 13.8 crore in 2021. It’s growing faster since 1981 due to decrease in death rate, said a study by the National Statistical Office Read more at https://m.timesofindia.com/city/chennai/elderly-population-up-tamil-nadu-has-second-highest/amp_articleshow/85358197.cms

It is very recent; during US pullout from Af and turmoil thereof. Three Indians and Nepalese suffering Covid infected Lungs disorder. Both their employer and hospital wanted them to be evacuated out of Af. Reasons were many: including endangered life, deteriorating medical condition and depleting resources. Taliban was making sudden moves and whole of Af was in uncertainty and fear. Airport, Immigration, Security… tartar Read more at https://www.isaplgroup.com/just-when-taliban-rattled-the-af/

Projects take three to four years to get ready so there is a gap between demand and supply, Nirula said. During the pandemic, senior citizens experienced isolation and were increasingly dependent on external sources for their day -to-day living while those living in senior living communities had a better experience with their needs taken care off. Read more at https://www.financialexpress.com/industry/elderly-living-homes-demand-outruns-supply/2312800/

With a strong focus on ageing positively, senior citizens want to explore new career avenues, pursue their passions, and at the same time engage in social good more actively. Contrary to widespread belief, today’s senior citizens are far from retirement. In celebration of World Senior Citizen’s Day (August 21), Columbia Pacific Communities, India’s largest senior living community operator, launched India’s first ever report on the golden agers, The Positive Ageing Report. Supported by extensive desk research, the report, aims to examine traditional notions and understand evolving needs of seniors while giving key insights on the changing aspirations, needs of senior […]

As India undergoes this demographic transition, the Quality of Life for Elderly Index can guide the country to take preemptive action, respond to the challenges posed as well as bag the opportunities that are presented. As our lifestyles transform due to social, economic and other factors, an offshoot of this change is a fall in fertility rate and rise in life expectancy, resulting in an increase in the proportion of elderly population, as seen all around the world. The phenomenon is occurring at a more rapid pace in developing countries. In India, the old age population is currently 60 million, […]

Market for senior care in India is almost $11-12 billion, but very fragmented currently. There are no organised players that are focused on providing services and products in a platform manner. Shahid Akhter, editor, ETHealthworld, spoke to Tara Singh Vachani, Executive Chairperson, Antara Senior Care, to know more about the burden and challenges associated with the ageing population in India and the emerging market for senior care. Read more at https://health.economictimes.indiatimes.com/news/industry/looking-at-ageing-in-a-holistic-way-is-going-to-become-the-need-of-the-hour-for-india-tara-singh-vachani/85435165

Bharathiar University announced on Monday that it will be offering a PG Diploma course in Geriatric Care and Management from the academic year 2021- 22. The varsity’s Social Work Department is collaborating with Travancore Foundation Education and Research Centre on Aging (TF ERCA), Kottayam, Kerala to offer this program here. Read more at http://www.covaimail.com/?p=52017

The State Cabinet approved the Karnataka State Mental Healthcare Rules 2021 for implementing the Mental Healthcare Act, 2017 of the Centre, and providing health care and services for persons with mental illness, and to protect, promote and fulfil the rights of such person during delivery of mental healthcare and services. Read more at https://www.thehindu.com/news/national/karnataka/cabinet-approves-karnataka-state-mental-healthcare-rules/article35994846.ece

Age Care Labs, the platform anchored by Lumis to build, buy and invest into businesses in senior care, announced the completion of its acquisition of Epoch Elder Care, a provider of expert dementia care and assisted living homes for elders. Read more at https://www-thehindubusinessline-com.cdn.ampproject.org/c/s/www.thehindubusinessline.com/companies/age-care-labs-completes-acquisition-of-epoch-elder-care/article36141605.ece/amp/

Moving The Needle : Senior care as a segment needs deep intent & gravitas. So memorable to see the efforts shaping so well . deeply humbled to be a part of building the first dots – the as is & to be with my teammates – Samhita Bhakta, Dr. Priyanka Indrodia led by Dr Rana Mehta… Read more at https://www.linkedin.com/posts/bani-jain-4a488932_niti-aayog-on-twitter-activity-6816771748109852672-XJPK