Context
Quality of Life for Elderly Index is released by Economic Advisory Council to the Prime Minister (EAC-PM). The Index was created by the Institute for Competitiveness at the request of EAC-PM. Indexsheds light on issues which often not mentioned- problems faced by the elderly.
About the Quality of Life for Elderly Index
- The Index framework has four pillars:
- Financial Well-being
- Social Well-being
- Health System
- Income Security
- Index also includes sub-pillars namely: Economic Empowerment, Educational Attainment & Employment, Social Status, Physical Security, Basic Health, Psychological Wellbeing, Social Security and Enabling Environment.
- This index broadens the way to understand the needs and opportunities of elderly population in India.
- It goes far beyond the income support that often narrows policy thinking and debate about the needs of this age group.
- The index highlights to investing in health, education and employment for young people today.
Key Highlights from the Report:
- The Health System pillar has the highest national average, 66.97 at an all-India level, which is followed by 62.34 in Social Well-being.
- Financial Well-being observes a score of 44.7, which get lowered by the low performance of 21 States across Education & Employment pillar.
- States performed worse in the Income Security pillar and over half of the States have a score below the national average, i.e., 33.03 in Income Security.
- State-wise ranking: Rajasthan and Himachal Pradesh are the top-scoring regions in Aged and Relatively Aged States, respectively. The Aged States refer to States with an elderly population of more than 5 million, whereas Relatively Aged States refer to States with an Elderly population of less than 5 million.
- Chandigarh and Mizoram are the top-scoring regions in UTs and North-East States category.
