Article Title: Opinion | The grey generation is actually a silver lining for Indian society

 

Article Summary

 
In this article, the author focuses on India’s elderly population and why they should be viewed as a useful economic resource. Longevity is a good measure of the benefits of economic progress as life expectancy in India has been increasing compared to previous decades. People living longer and having fewer babies have changed the shape of populations and that has economic consequences because more elderly persons have to be provided with resources from fewer young people. To meet the needs of the elderly as well as fill the gap created by lack of skilled youth, the author suggests that the knowledge and wisdom that elders have acquired with their longer experience should be ploughed back into the community. Rather than putting them aside, physically (and mentally), to be cared for separately, they should be integrated into their communities where they can contribute to improving social conditions. By doing, so, the author thinks that not only will the elderly feel wanted, the community will also benefit from their services. As a sustainable economy is vital if we want the continuity of our existence, the author advises that the concept of a circular economy should be adopted wherein no waste gets discarded and is deemed valuable.

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Words to learn from this Article:

Longevity: The property of being long-lived
Tacit: Implied by or inferred from actions or statements
Curative: Tending to cure or restore to health
Commodities: A raw material or product that is bought and sold commercially in large quantities
Emphasis: Special importance or significance
Trajectory: The path followed by an object moving through space

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