Don't miss this Eye Opener: Tata Trusts REPORT ON OLD AGE FACILITIES IN INDIA : INDIA has ONLY around 1,150 facilities FOR around 97,000 elderly: This is what we at #Silverinnings have been saying all this while of lack of facilities and services for Senior Citizens in India.
The study looked at both old age homes and senior living developments in India, built an extensive sample set of 480+ old age homes and 60+ senior living developments in 84 cities, towns and districts cutting across geographies, size, cost, facilities offered, ownership and management.
It projected the sample set to countrywide population data extracted from 2011 census of India, and arrived at an estimate of around 1,150 facilities and the capacity to house around 97,000 elderly residents.
Forecasting likely demand driven by increasing elderly population and change in preferences owing to availability of new products and socio-economic norms, the study pointed towards a crying need to enhance the capacity almost eight to ten-fold over the next decade.
http://tatatrusts.org/upload/pdf/report-on-old-age-facilities-in-india.pdf
The study looked at both old age homes and senior living developments in India, built an extensive sample set of 480+ old age homes and 60+ senior living developments in 84 cities, towns and districts cutting across geographies, size, cost, facilities offered, ownership and management.
It projected the sample set to countrywide population data extracted from 2011 census of India, and arrived at an estimate of around 1,150 facilities and the capacity to house around 97,000 elderly residents.
Forecasting likely demand driven by increasing elderly population and change in preferences owing to availability of new products and socio-economic norms, the study pointed towards a crying need to enhance the capacity almost eight to ten-fold over the next decade.
http://tatatrusts.org/upload/pdf/report-on-old-age-facilities-in-india.pdf
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