National Senior Care News

How To Take Care Of The Mental Health Of Senior Citizens

It is crucial to address these issues to ensure the well-being and quality of life for senior citizens.

https://timesofindia.indiatimes.com/life-style/health-fitness/health-news/how-to-take-care-of-the-mental-health-of-senior-citizens/amp_articleshow/110899310.cms


Eldercare-as-a-service: A panacea for remote caregivers

Several elder and geriatric care services provide all-inclusive packages for kins living away from their parents in other cities or countries. But peace of mind comes at a premium.

https://www.livemint.com/money/eldercareasaservice-a-panacea-for-remote-caregivers/amp-11717934111332.html


Fischer Medical Ventures Ltd, BluSim Tech Pte Ltd partner to revolutionise nursing home care globally

​This strategic collaboration with BluSim Tech Pte Ltd marks a significant milestone in Fischer MVL’s journey towards expanding its healthcare portfolio and enhancing its offerings in medical imaging and diagnostics solutions, aiming to redefine healthcare through advanced technologies and unparalleled expertise.

https://health.economictimes.indiatimes.com/amp/news/medical-devices/fischer-medical-ventures-ltd-blusim-tech-pte-ltd-partner-to-revolutionise-nursing-home-care-globally/110906053


Promoting Well-Being In The Elderly: A Holistic Guide For Caregivers On Geriatric Mental Health

The act of caregiving touches the lives of individuals globally, with over 63 million caregivers identified by the International Alliance of Carer Organizations (IACO).

https://timesofindia.indiatimes.com/life-style/health-fitness/health-news/promoting-well-being-in-the-elderly-a-holistic-guide-for-caregivers-on-geriatric-mental-health/amp_articleshow/110617161.cms


BMC charts plans for senior citizen daycare centre in Goregaon

Inaugurated on International Women’s Day, earlier this year, the women’s hostel can accommodate nearly 180 women, and comprises facilities such as a dormitory, recreational spaces, dining hall, canteen etc.

https://indianexpress.com/article/cities/mumbai/bmc-plans-senior-citizen-daycare-centre-goregaon-9351848/


Interventions for senior citizens’ care will be strengthened in State: R. Bindu

Thiruvananthapuram 

Interventions in the area of senior citizen care will be strengthened, Minister for Social Justice R. Bindu has said.

https://www.thehindu.com/news/national/kerala/interventions-for-senior-citizens-care-will-be-strengthened-in-state-r-bindu/article68208712.ece


CPC, KITES Plan Merger To Expand Footprint In Senior Living & Geriatric Care

Columbia Pacific Communities (CPC), a leading player in senior living, and KITES Senior Care, a geriatric care service provider, are set to merge to expand their footprint across the country to 10,000 units in senior living, and 2,000 beds in ‘out of hospital’ geriatric care centers in five years.

https://timesofindia.indiatimes.com/business/india-business/cpc-kites-plan-merger-to-expand-footprint-in-senior-living-geriatric-care/amp_articleshow/110505044.cms


Lifestyle tips for promoting mental wellness among seniors and their children

Want seniors to enjoy a fulfilling life? Here’s how their families can experience reduced stress and anxiety, enjoy balanced and positive caregiving experience

https://www.hindustantimes.com/lifestyle/relationships/lifestyle-tips-for-promoting-mental-wellness-among-seniors-and-their-children-101716621250578-amp.html


In Indian real estate, senior living is still in the junior league

We often hear of India’s demographic dividend, that it is a country with a rather large young population. But the number of senior citizens is growing fast too. There is demand for quality retirement homes and elder care services.

https://www.livemint.com/industry/in-indian-real-estate-senior-living-is-still-in-the-junior-league/amp-11717060537121.html


Emerging businesses target innovative senior care solutions

These endeavours, focusing mainly on palliative care and healthcare strain reduction, utilise advanced technologies and eldercare-friendly tools to alleviate the burden posed by an aging population, and relieve pressure on the healthcare system.

https://www.baselinemag.com/news/emerging-businesses-target-innovative-senior-care-solutions/


3 government schemes for the elderly The central government has several schemes for the welfare of Indian citizens who are 60 and above 

https://www.deccanherald.com/india/karnataka/bengaluru/3-government-schemes-for-the-elderly-3045599


Over 10,000 government employees in Kerala to retire today

The significance of this date stems from the historical practice of registering May 31 as the date of birth when enrolling in school, predating the mandatory requirement of a birth certificate in Kerala.

https://english.mathrubhumi.com/amp/news/kerala/large-number-of-government-employees-retire-today-1.9600453


Empowering senior citizens: The crucial role of health insurance in India

Recent IRDAI regulations in India aim to empower senior citizens through accessible health insurance options, including coverage for Ayush treatments, aggregate deductibles for cost-sharing, and comprehensive rider packages for additional benefits.

https://m.economictimes.com/markets/stocks/news/empowering-senior-citizens-the-crucial-role-of-health-insurance-in-india/articleshow/110294727.cms


ITR filing: How the taxable income is calculated for senior citizens for income tax returns. 

Check top points here

income tax rules offer additional tax benefits to senior citizens. To claim these benefits, the individual must be of the age of 60 years or above but less than 80 years at any time during the respective year.

https://www.businesstoday.in/personal-finance/tax/story/itr-filing-how-the-taxable-income-is-calculated-for-senior-citizens-for-income-tax-returns-check-top-points-here-429796-2024-05-16


Financial barriers in senior living that need addressing for quality homes

According to the United Nations Population Fund, India will be home to 17% of the total world’s senior citizens (60+ population around 2 Bn) by 2050, making it at the forefront of this global demographic transition

https://housing.com/news/financial-barriers-in-senior-living-that-need-addressing-for-quality-homes/amp/


Columbia Pacific to invest Rs 200 crore, add senior living projects in 4 new cities

Currently, the company is actively looking at land parcels in Mumbai and other Tier II cities like Hosur close to Bengaluru.

https://www.moneycontrol.com/news/business/real-estate/columbia-pacific-to-invest-rs-200-crore-add-senior-living-projects-in-4-new-cities-12728233.html/amp


Emoha partners with Aditya Birla Health Insurance to provide eldercare solutions

The collaboration, it said, will empower Emoha to forge a path towards a future where senior care is not only accessible but also tailored to address the unique needs of each individual in the family

https://www.zeebiz.com/companies/news-emoha-partners-with-aditya-birla-health-insurance-to-provide-eldercare-solutions-290418/amp


Realty Check: MahaRera Brings In Rules For Sr Citizen Housing Projects

These guidelines, encompassing building design, amenities, safety and accessibility, aim to ensure well-being and comfort of elderly residents.

https://timesofindia.indiatimes.com/city/nagpur/maharera-rules-for-senior-citizen-housing-projects-in-maharashtra/amp_articleshow/110189110.cms


Cooch Behar Dist Police launches initiative to support senior citizens

The Cooch Behar District Police has launched a special initiative called ‘Sanman Prakalpa’ to support senior citizens in the district.

https://www.millenniumpost.in/amp/bengal/cooch-behar-dist-police-launches-initiative-to-support-senior-citizens-564081


Health insurance rules revised: Individuals above 65 yrs can buy health cover, waiting period relaxed

The Insurance Regulatory and Development Authority of India (IRDAI) has recently made a significant change concerning health insurance policies in India. Now, health insurance policies will be available to all regardless of the age factor.

https://www.zeebiz.com/personal-finance/news-health-insurance-new-rules-irdai-insurance-for-all-by-2047-senior-citizens-waiting-period-pre-existing-condition-290138/amp


Senior citizens in Lucknow want a ‘decent’ old-age home from Rajnath Singh

It is about priorities. The government spends thousands of crores on big projects. It can also establish a good old-age home where the elderly can choose to live at their own will.

https://www.daijiworld.com/news/newsDisplay?newsID=1191680


How to use popular saving instruments to generate regular income for retirees?

One of the biggest worries of elders (above 60), who don’t have the security of a pension, is how to generate regular income for the rest of their lives. 

https://www.msn.com/en-in/money/news/how-to-use-popular-saving-instruments-to-generate-regular-income-for-retirees/ar-BB1mpOf0


Geri Care launches cath lab exclusively for senior citizens in Adambakkam, Chennai

​The hospital has also launched an inaugural ‘Cardiac Health Check Pack’ for senior citizens, covering important blood markers like CBC, HbA1C/RBS, RFT, ECG, and ECHO with a cardiologist consultation.

https://health.economictimes.indiatimes.com/amp/news/hospitals/geri-care-launches-cath-lab-exclusively-for-senior-citizens-in-adambakkam-chennai/110115948


The Future of Senior Care Arrives in Coimbatore: Vedaanta Launches Coimbatore’s First Integrated Retirement Township

(Sponsorer content)

The Future of Senior Care Arrives in Coimbatore: Vedaanta Launches Coimbatore’s First Integrated Retirement Township

https://www.business-standard.com/amp/content/press-releases-ani/the-future-of-senior-care-arrives-in-coimbatore-vedaanta-launches-coimbatore-s-first-integrated-retirement-township-124051401029_1.html?isa=yes


‘Silver tsunami’ poses a threat to the economy, experts warn

Seniors are set to outnumber children for the first time in American history within six years, as experts warn that the country is about to struggle with a dramatically aging population.

https://www.msn.com/en-za/news/other/silver-tsunami-poses-a-threat-to-the-economy-experts-warn/ss-BB1mjL3A


Tier II cities pave the way for a booming senior living market: Report Colliers said that factors such as rising life expectancy, nuclearisation of families, higher income levels, increasing importance of a stable post-retirement life and changing life. 

https://www.deccanherald.com/business/economy/tier-ii-cities-pave-the-way-for-a-booming-senior-living-market-report-3020872


Indian senior living segment to grow by 5x by 2030

The senior living market in India is expected to reach around $ 12 billion by 2030, up from its current size of $2-3 billion with rising median age and aging population, according to Colliers.

https://m.economictimes.com/industry/services/property-/-cstruction/indian-senior-living-segment-to-grow-by-5x-by-2030/amp_articleshow/110074743.cms


Policy Update. Health insurance no longer a no-go zone for the elderly

It’s not uncommon to see senior citizens deferring or avoiding getting treated in a hospital, because they did not have health insurance cover. That is the uncomfortable truth confronting several elderly people in the country.

https://www.thehindubusinessline.com/specials/pulse/health-insurance-no-longer-a-no-go-zone-for-the-elderly/article68168086.ece/amp/


India’s Senior Living Market To Grow Five Times By 2030, Says Survey Demand for housing for senior citizens is presently at 18-20 lakh units, and is estimated to rise significantly in the next five-six years, the survey stated. 

https://www.ndtvprofit.com/business/indias-senior-living-market-to-grow-five-times-by-2030-says-survey


Cyber cell launches drive to save senior citizens from frauds

Cops are taking help from the Senior Citizen’s Council to reach out to elderly people and giving them tips to avoid being duped by the fraudsters.

https://www.hindustantimes.com/cities/others/cyber-cell-launches-drive-to-save-senior-citizens-from-frauds-101715624658647.html


Nearly 17% of world’s elderly population to be in India by 2050; Is it the fastest-growing silver economy?

Per a CBRE report, the total estimated target for senior living facilities in 2024 is around 1 million, projected to increase to 2.5 million in the next 10 years.

https://www.financialexpress.com/policy/economy-nearly-17-of-worlds-elderly-population-to-be-in-india-by-2050-is-it-the-fastest-growing-silver-economy-3459945/


70% opt for cost-effective health policies:  There are the most popular ones

Seniors are leading the charge for affordable health insurance. A staggering 34% of those choosing cost-effective plans fall within the 55+ age bracket

https://www.business-standard.com/amp/finance/personal-finance/70-opt-for-cost-effective-health-policies-these-are-the-most-popular-ones-124041700157_1.html


Majority of senior living projects in India are in South India: Report

The southern region distinctly leads by contributing about 74% to the overall supply, particularly in organised assisted living segments.

https://m.economictimes.com/industry/services/property-/-cstruction/majority-of-senior-living-projects-in-india-are-in-south-india-report/articleshow/109376546.cms


Centre made Rs 27,106-crore tax windfall from senior citizens in FY24

https://www.newindianexpress.com/amp/story/business/2024/Apr/17/centre-made-rs-27106-crore-tax-windfall-from-senior-citizens-in-fy24


Retirement societies spread in cities as elderly seek care and company

As India ages, the market to serve the elderly is expected to be worth almost $18 bn in five years

https://www.business-standard.com/finance/personal-finance/retirement-societies-spread-in-cities-as-elderly-seek-care-and-company-124022900450_1.html


‘Senior Citizens’ Share In FDs, Value 2x Since FY19′

Senior citizens are banking on fixed deposits as lenders offer favourable rates.

https://timesofindia.indiatimes.com/business/india-business/senior-citizens-share-in-fds-value-2x-since-fy19/amp_articleshow/109324925.cms


Govt collects Rs 27k cr in taxes from sr citizens on FD interest: SBI

According to the report by SBI researchers, the total amount of deposits has risen by 143 per cent in the last five years to Rs 34 lakh crore at the end of FY24 from Rs 14 lakh crore

https://www.business-standard.com/amp/economy/news/govt-collects-rs-27k-cr-in-taxes-from-sr-citizens-on-fd-interest-sbi-124041501148_1.html


What is a wake-up stroke, and why the elderly and women need to be extra careful

Immediate hospitalisation is important for treatment within the window period of 4.5 hours, said Dr Rajeev Gupta, director, internal medicine, CK Birla Hospital, Delhi

https://indianexpress.com/article/lifestyle/health/wake-up-stroke-causes-symptoms-diagnosis-treatment-risk-9262209/lite/


No-kids Indian couples are no more making excuses

Married for over five years, Koshy and Maben co-parent four dogs instead of children, co-host a podcast and are business partners.

https://www.msn.com/en-in/news/other/child-free-and-flaunting-it-dink-life-loses-its-stigma/ar-BB1lzmyb


Senior Citizens Act Cannot Be Used As Machinery For Settling Property Disputes Between Heirs Of Senior Citizens: Bombay High Court

The Bombay High Court recently observed that the Maintenance and Welfare of Parents and Senior Citizens Act, 2007 cannot be used as a machinery for settling property disputes between the heirs of senior citizens.

https://www.livelaw.in/amp/high-court/bombay-high-court/senior-citizens-act-cannot-be-used-as-machinery-for-settling-property-disputes-between-heirs-of-senior-citizens-bombay-high-court-254852


Seniors seek sanctuary in mutual funds and post offices

Shift in investment due to shattered confidence in cooperative societies

https://www.lokmattimes.com/aurangabad/seniors-seek-sanctuary-in-mutual-funds-and-post-offices/amp/


Anantharam Varayur, co-founder, Manasum Senior Living narrates challenges and opportunities presented by India’s ageing population

https://www.constructionweekonline.in/people/embracing-the-golden-years-indias-senior-housing-market-flourishes


How to maximize tax benefits for senior citizens in India

By capitalizing on the tax benefits mentioned in this article, senior citizens can optimize their tax planning strategies and maximize savings, thereby ensuring a financially secure and fulfilling retirement journey.

https://www.financialexpress.com/money/income-tax-how-to-maximize-tax-benefits-for-senior-citizens-in-india-3449939/lite/


SBI WeCare FD with 7.5% interest rate: What is the last date to invest in this senior citizen special FD with higher rate?

SBI Wecare special FD was launched with the aim of protecting senior citizens’ income by offering additional interest. The scheme is available on fresh deposits and renewal of maturing deposits.

https://m.economictimes.com/wealth/invest/sbi-wecare-fd-with-7-5-interest-rate-what-is-the-last-date-to-invest-in-this-senior-citizen-special-fd-with-higher-rate/amp_articleshow/109123529.cms


A new era in senior wellbeing

Opinion piece by CEO, Kites Senior Care

https://www.hindustantimes.com/ht-insight/public-health/a-new-era-in-senior-wellbeing-101712655047641-amp.html


How to maximize tax benefits for senior citizens in India

By capitalizing on the tax benefits mentioned in this article, senior citizens can optimize their tax planning strategies and maximize savings, thereby ensuring a financially secure and fulfilling retirement journey.

https://www.financialexpress.com/money/income-tax-how-to-maximize-tax-benefits-for-senior-citizens-in-india-3449939/lite/


SBI WeCare FD with 7.5% interest rate: What is the last date to invest in this senior citizen special FD with higher rate?

SBI Wecare special FD was launched with the aim of protecting senior citizens’ income by offering additional interest. The scheme is available on fresh deposits and renewal of maturing deposits.

https://m.economictimes.com/wealth/invest/sbi-wecare-fd-with-7-5-interest-rate-what-is-the-last-date-to-invest-in-this-senior-citizen-special-fd-with-higher-rate/amp_articleshow/109123529.cms


Not Alone, Not Lonely! 1st Free Palliative Home To Get More Beds

Sukoon Nilaya in Mumbai expands palliative care services, emphasizing caregiver support, social connections, and wraparound care for patients with chronic illnesses. The center’s tranquil setting fosters healing and community support, symbolized by an injured butterfly seeking respite.

https://timesofindia.indiatimes.com/city/mumbai/not-alone-not-lonely-1st-free-palliative-home-to-get-more-beds/amp_articleshow/109119363.cms


Geriatric patient inflow rises at the National Centre of Ageing

At the National Centre of Ageing, Guindy, there has been a 100% increase in the number of daily outpatients in over a month since it was opened.

https://www.thehindu.com/news/cities/chennai/geriatric-patient-inflow-rises-at-the-national-centre-of-ageing/article68042235.ece/amp/


Hobbies senior citizens can pursue to boost health and well-being

https://business.outlookindia.com/ampstories/personal-finance/retirement/hobbies-senior-citizens-can-pursue-to-boost-their-health-and-well-being


Old Age Homes For Transgenders To Come Up In 18 Divisions Of UP

LUCKNOW: The construction of old age homes for transgenders, named Garima Grahs, will begin from the coming financial year under a central policy.

https://timesofindia.indiatimes.com/city/lucknow/old-age-homes-for-transgenders-to-come-up-in-18-divisions-of-up/amp_articleshow/108888204.cms


5 eye care tips for the elderly

https://indianexpress.com/web-stories/wellness/five-eye-care-tips-for-the-elderly/9243539/


Older Indian Women Happier Than The Men, New Report Says

Happiness linked to old age in India and elsewhere, India ranks 126 of 143 countries.

https://www.indiaspend.com/amp/development/older-indian-women-happier-than-the-men-new-report-says-900829


How to vote from home in TN for persons with disabilities, super senior citizens

Booth-level officials have been going to houses of such persons and getting Form 12D filled with details from their voter ID cards.

https://www.thehindu.com/news/national/tamil-nadu/persons-with-disabilities-super-senior-citizens-wanting-to-vote-from-home-must-submit-form-12d-before-march-25/article67973141.ece/amp/


Aged care workers have won a huge pay rise. What about the cleaners, cooks and admin staff who support them?

This month, the Fair Work Commission handed Australia’s aged care workforce an historic pay rise, with some groups’ wages set to increase by more than 28%.

https://theconversation.com/aged-care-workers-have-won-a-huge-pay-rise-what-about-the-cleaners-cooks-and-admin-staff-who-support-them-226236


Review: As Share of Elderly Population Increases, NITI Aayog Calls for Comprehensive Reforms

The seniors accounted for slightly over 5% of the Indian population in the 1961 Census, while estimates indicate that by 2031, this proportion would be 13% and thus signalling a major shift in demography. NITI Aayog recently released a report looking at this demographic shift and made important recommendations.

https://factly.in/review-as-share-of-elderly-population-increases-niti-aayog-calls-for-comprehensive-reforms/


Kanpur:Day Care Centre Built For Senior Citizens Inaugurated

The centre, located inside Tulsi Upvan, has been developed by KMC at a cost of Rs 80 lakh. The centre at one go can accommodate 30 people, has facilities including a cafeteria, library, yoga class, multipurpose hall etc.

https://timesofindia.indiatimes.com/city/kanpur/day-care-centre-built-for-senior-citizens-inaugurated/amp_articleshow/108599978.cms


Q&A: How Old Is Too Old For Elective Surgeries?

Has it become easier for seniors to elect surgeries? Dr Rajeev K Sharma explains

https://timesofindia.indiatimes.com/health-march-16-2024/qa-how-old-is-too-old-for-elective-surgeries/amp_articleshow/108519575.cms


Demystifying Senior Citizen Schemes in India: A Guide to Benefits and Eligibility

Recognizing the  contributions of senior citisens and ensuring their well-being, the government implements various schemes. This article aims to shed light on these schemes, specifically focusing on benefits and eligibility criteria.

https://www.timesbull.com/ajab-gajab/news/demystifying-senior-citizen-schemes-in-india-a-guide-to-benefits-and-eligibility-2024-03-18-231886.html


The Maintenance And Welfare Of Parents And Senior Citizens Act 2007: A Sword That Needs Sharpening?

to protect the rights and well beings of senior citizens a particular statue was enacted “The Maintenance and Welfare of Parents and Senior Citizens Act”, it consists of 7 chapters and 32 sections.

https://www.livelaw.in/amp/law-firms/law-firm-articles-/maintenance-senior-citizens-act-ang-partners-252730


KITES Senior Care raises ₹45 crore in Series A funding from Ranjan Pai to expand operations

KITES Senior Care, has announced the successful closure of a Series A funding round, securing Rs 45 crore from Ranjan Pai’s family office. The total plan outlay for KITES Senior Care’s expansion and growth strategy amounts to Rs 65 crore, with additional funding sourced from various other channels.

https://www.cnbctv18.com/videos/startup/startup-funding-kites-senior-care-expansion-plans-unicorn-19289241.htm/amp


State Prioritises Healthcare Facilities For Elderly People

Forty-nine district hospitals have opened geriatric wards for patients requiring specialised care over the past three months.

https://timesofindia.indiatimes.com/city/jaipur/state-prioritises-healthcare-facilities-for-elderly-people-in-jaipur-49-district-hospitals-open-geriatric-wards/amp_articleshow/108571145.cms

Ananya’s Nana Nani: A Decade Of Excellence In Senior Living

Ananya’s Nana Nani has emerged as the epitome of excellence in senior living, reshaping the landscape of retirement communities in Coimbatore and beyond.

https://timesofindia.indiatimes.com/business/india-business/ananyas-nana-nani-a-decade-of-excellence-in-senior-living/amp_articleshow/108529341.cms


Breaking The ‘Age-Cage’: How Senior Living Homes Promoting All-Round Care And Comfort

Senior living homes are evolving with the needs of seniors and providing a more extensive care and comfort solutions for their residents.

https://retirement.outlookindia.com/spend/senior-living/breaking-the-age-cage-how-senior-living-homes-promoting-all-round-care-and-comfort


Home voting facility for elderly and disabled

The administration has opened a home-voting option for the elderly and other disadvantaged sections based on the Election Commission of India’s decision to extend the facility to categories of absentee voters in the Lok Sabha election on April 19.

https://www.thehindu.com/news/cities/puducherry/home-voting-facility-for-elderly-and-disabled/article67961346.ece


Kites Raises ₹65 Crore Led By Ranjan Pai

Senior care platform Kites Senior Care has raised Rs 65 crore led by Ranjan Pai’s Manipal Education and Medical Group (MEMG) Family Office Fund. Pai, who was an angel investor in Kites, has pumped in Rs 45 crore in this round for a significant minority stake.

https://timesofindia.indiatimes.com/city/bengaluru/senior-care-platform-kites-raises-rs-65-crore-led-by-ranjan-pais-memg-family-office-fund/amp_articleshow/108505566.cms


FD interest rate up to 9.25%: These 3 banks have revised fixed deposit rates in March 2024

https://m.economictimes.com/wealth/invest/fd-interest-rate-up-to-9-25-these-3-banks-have-revised-fixed-deposit-rates-in-march-2024/articleshow/108487653.cms


Max India’s subsidiary partners with IIT Delhi for senior citizen care

Max India’s wholly owned subsidiary, Antara Assisted Care Services Limited, an integrated service provider for senior care needs, entered into a MoU with IIT Delhi. This partnership aims to develop offerings tailored specifically for the senior demographic.

https://www.thehindubusinessline.com/markets/max-indias-subsidiary-partners-with-iit-delhi-for-senior-citizen-care/article67945840.ece/amp/


Elderly care startup Kites Senior Care raises Rs 45 crore in funding from Ranjan Pai

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.

https://m.economictimes.com/tech/funding/elderly-care-startup-kites-senior-care-raises-rs-45-crore-in-funding-from-ranjan-pai/amp_articleshow/108473554.cms


Dementia in Elderly Women: An Issue That Goes Unnoticed

The cases of Dementia are growing every year and is expected to affect almost 130 million global population by 2050.

https://www.news18.com/amp/lifestyle/health-and-fitness-dementia-in-elderly-women-an-issue-that-goes-unnoticed-8814625.html


Homecoming: Why NRIs are choosing India as their retirement destination

In recent years, there’s been a notable trend of Non-Resident Indians (NRIs) choosing India as their retirement spot, often called ‘homecoming.’ This article explores why India is becoming a favored destination for NRI retirees.

https://m.economictimes.com/nri/migrate/homecoming-why-nris-are-choosing-india-as-their-retirement-destination/amp_articleshow/108459338.cms


SBI WeCare special FD for senior citizens with higher interest rate deadline: What is the FD rate?

https://m.economictimes.com/wealth/invest/sbi-wecare-special-fd-for-senior-citizens-with-higher-interest-rate-deadline-what-is-the-fd-rate/articleshow/108345102.cms


Narrative is changing about senior care industry: Tara Singh Vachani

Executive chairperson of Antara Senior Care says ‘service delivery’ has to be the cornerstone of senior care industry

https://www.business-standard.com/amp/finance/personal-finance/narrative-is-changing-about-senior-care-industry-tara-singh-vachani-124030100518_1.html


How Tech Start-ups For Senior Citizens Are Changing The World Of The Elderly In India

Quite a few have comprehended the void in the senior care area, especially knowing that nearly 25 percent of the elderly population stays in India

https://www.freepressjournal.in/amp/weekend/how-tech-start-ups-for-senior-citizens-are-changing-the-world-of-the-elderly-in-india


Athulya Senior Care Forges Strategic Partnership with Sri Ramachandra Institute of Higher Education and Research for Advancing Senior Care

https://nba24x7.com/archives/amp/6067


MJ Infrastructure and Vedaanta Senior Living Unveil Vedaanta Anugraham: A Haven for Active Retro Living

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Vedaanta Anugraham has been designed as an integrated community ensuring the emotional, spiritual & physical well being of all residents

https://www.hindustantimes.com/brand-stories/mj-infrastructure-and-vedaanta-senior-living-unveil-vedaanta-anugraham-a-haven-for-active-retro-living-101709559388381-amp.html


Top countries for senior citizens travel 

https://timesofindia.indiatimes.com/travel/web-stories/top-senior-citizen-friendly-nations-for-hassle-free-travel-experiences/photostory/108003633.cms


Concerned over meagre pension to retired district judicial officers, SC asks Centre to find solution

Observing that there is a need to maintain uniformity in service conditions of judicial officers across the country, the top court had earlier directed the setting up of a two-judge committee in each high court.

https://indianexpress.com/article/india/supreme-court-centre-meagre-pension-judicial-officers-9182536/


Collection in Senior Citizen Saving Scheme surged over two times, MIS saw 4 time rise

Collection through Senior Citizen Saving Scheme (SCSS) has surged to over two times during the current fiscal. At the same time, mobilisation through Monthly Income Scheme has gone up by 4 times.

https://www.thehindubusinessline.com/economy/collection-in-senior-citizen-saving-scheme-surged-over-two-times-mis-saw-4-time-rise/article67888866.ece/amp/


Strict action against people torturing aged physically and mentally, says CM Pinarayi Vijayan

The state government is committed to the welfare and care of senior citizens and strict action will be taken in cases involving cruelty to them, Chief Minister Pinarayi Vijayan has said.

https://www.newindianexpress.com/amp/story/states/kerala/2024/Feb/28/strict-action-against-people-torturing-aged-physically-and-mentally-says-cm-pinarayi-vijayan

Ashiana Housing to invest Rs 400 crore to develop senior living project in Chennai

Spanning across 17.9 acres land, the project is located inside Mahindra World City. The land for the project is held under perpetual lease.

https://realty.economictimes.indiatimes.com/amp/news/residential/ashiana-housing-to-invest-rs-400-crore-to-develop-senior-living-project-in-chennai/108059072


High Fixed Deposit Rates For Senior Citizens: List Of 6 Small Banks Offering 9% Or Above FD Interest Rates​

https://timesofindia.indiatimes.com/business/india-business/fixed-deposit-rates-for-senior-citizens-full-list-of-high-fd-rates-for-senior-citizens-by-small-banks-check-latest-details/amp_etphotostory/108036322.cms


Bengalurean senior citizen ultra runner tells his story https://www.deccanherald.com/india/karnataka/bengaluru/bengalurean-senior-citizen-ultra-runner-tells-his-story-2913052


Elder care startup Samarth Life raises new round led by Aroa Venture

Elder care startup Samarth Life has raised Rs 12 crore (approximately $1.45 million) in a funding round led by Aroa Venture Partners. Social Alpha and Zhooben Bhiwandiwala of Mahindra Partners also participated in the round.

https://entrackr.com/2024/02/elder-care-startup-samarth-life-raises-new-round-led-by-aroa-venture/


Two-day national conference on ‘Elderly issues’ from February 22 in Visakhapatnam

National Institute of Social Defence, under the aegis of the Ministry of Social Justice and Empowerment, to hold the seminar to discuss challenges faced by elderly persons and to explore effective strategies to tackle these challenges.

https://www.thehindu.com/news/cities/Visakhapatnam/two-day-national-conference-on-elderly-issues-from-february-22-in-visakhapatnam/article67871524.ece/amp/


Niti Backs Tax Reforms On Senior Care Products

Encouraging the private sector to design targeted and comprehensive geriatric health insurance products and increasing liquidity and capital allocation to the senior care industry will help in addressing needs of the affording segment

https://timesofindia.indiatimes.com/city/delhi/niti-backs-tax-reforms-on-senior-care-products-and-suggests-reverse-mortgage-system/amp_articleshow/107836190.cms


Caring for the elderly

In India too, an ageing population, coupled with a decreasing fertility rate and increased life expectancy, is set to offset the country’s demographic dividend in the years to come.

https://www.business-standard.com/opinion/editorial/caring-for-the-elderly-124022001199_1.html


NITI Aayog calls for financial and legal reforms for elderly care in India

The move is aimed at ensuring that a basic support system is put in place to cater to the needs of India’s ageing population which is expected to go up from 10% now to 19.5% by 2050.

https://m.economictimes.com/news/economy/policy/niti-aayog-calls-for-financial-and-legal-reforms-for-elderly-care-in-india/amp_articleshow/107795154.cms


Tax, savings for senior citizens: NITI Aayog pitches for tax reforms, plans for elderly

The key strategies proposed include implementing a reverse mortgage mechanism aimed at enhancing financial liquidity for seniors.

https://www.businesstoday.in/amp/personal-finance/retirement-planning/story/tax-savings-for-senior-citizens-niti-aayog-pitches-for-tax-reforms-plans-for-elderly-418211-2024-02-20


Kozhikode on road to being totally elderly-friendly city

Kozhikode already has a number of day care homes for the elderly (‘Pakalveedu’ ) spread across the city, four of which are directly managed by the Kozhikode Corporation.

https://www.thehindu.com/news/national/kerala/kozhikode-on-road-to-being-totally-elderly-friendly-city/article67853737.ece


PFRDA brings pension funds under PMLA net

The latest PFRDA move to amend the pension fund regulations comes in the wake of Finance and Corporate Affairs Minister in her last year’s Budget speech directing regulators to review their regulations from the perspective of easing compliance burden.

https://www.thehindubusinessline.com/economy/pfrda-brings-pension-funds-under-pmla-net/article67854492.ece/amp/


Pension Payment Order: What is PPO number? How to find PPO for receiving pension in bank account

https://www.zeebiz.com/personal-finance/news-pension-payment-order-what-is-ppo-number-how-to-find-ppo-for-receiving-pension-in-bank-account-277244/amp


Securing Your Future: Pension Plans in a Stable Economy

https://www.thehindu.com/brandhub/hdfc-life/securing-your-future-pension-plans-in-a-stable-economy/article67844368.ece


Unlocking retirement prosperity: How NPS remains cutting-edge

The NPS ensures a comfortable retirement by combining market-linked returns with disciplined savings and power of compounding.

https://www.livemint.com/money/personal-finance/unlocking-retirement-prosperity-how-nps-remains-cuttingedge/amp-11707934028292.html


Can Senior Citizens Maintain An Overseas Bank Account? Charges And Taxes

It is important to know the various charges apart from the eligibility criteria before you open an overseas bank account.

https://retirement.outlookindia.com/invest/fd-small-savings/can-senior-citizens-maintain-an-overseas-bank-account-charges-and-taxes


Kids, Senior Citizens In Pneumonia Firing Line

Kolkata: Doctors across city hospitals are seeing a surge in pneumococcal pneumonia. The numbers apart, what is concerning is the severity and unusual features of the bacterial infection.

https://timesofindia.indiatimes.com/city/kolkata/pneumococcal-pneumonia-surge-among-kids-and-elderly-in-kolkata/amp_articleshow/107675100.cms


Many senior citizen associations have been forced to shut, says Ashok Prabhakar

President of a Senior Citizen Welfare body

A monthly grant of Rs 20,000, initiated by the Sheila Dixit government and continued under the present government, has been discontinued for the last three years.

https://www.newindianexpress.com/amp/story/cities/delhi/2024/Feb/14/many-senior-citizen-associations-have-been-forced-to-shut-says-ashok-prabhakar-president-of-a-senior-citizen-welfare-body


Safe Investment Options That Can Help Your Parents Save Tax If They Are Senior Citizens

some of us might be having senior citizen parents who still fall into the taxable income slabs, and that is why require tax saving.

https://www.indiatimes.com/amp/worth/investment/safe-low-risk-tax-saving-investment-options-senior-citizens-627381.html


Kerala Senior Citizens Bill: Jail term up to 3 years & Rs 1 lakh fine for abandoning parents

The bill was prepared by the Kerala Law Reforms Commission and subsequently cleared by the Law Department.

https://www.onmanorama.com/news/kerala/2024/02/13/kerala-senior-citizens-bill-jail-term-up-to-three-years-lakh-fine-neglect-abandoning-parents.amp.html


Tax-saving investments for senior citizens: Here are 4 ways to maximise your tax savings

https://m.economictimes.com/wealth/tax/tax-saving-investments-for-senior-citizens-here-are-4-ways-to-maximise-your-tax-savings/amp_articleshow/107574341.cms


Historical Places In Kerala Perfect For Elderly Travellers

Embark on this journey through time, listen to the whispers of the past, and create an unforgettable chapter in your own story

https://retirement.outlookindia.com/spend/travel/historical-places-in-kerala-perfect-for-elderly-travellers


The abuse of the elderly in our families

Urbanization has changed family life and not only have our homes grown smaller, but so have our hearts

https://www.ucanews.com/amp/the-abuse-of-the-elderly-in-our-families/104121


India should not become sicker before it becomes richer: Chief Economic Adviser

https://www.thehindu.com/business/Economy/india-should-not-become-sicker-before-it-becomes-richer-chief-economic-adviser/article67832192.ece


FinMin rejects proposal to double minimum pension amount under EPS

The central board of trustees (CBT) – the apex decision-making body of the Employee Provident Fund Organisation (EPFO) – was apprised of the rejection of the proposal in its latest meeting on Saturday

https://www.business-standard.com/amp/economy/news/finmin-rejects-proposal-to-double-minimum-pension-amount-under-eps-124021100423_1.html


Senior citizen app Khyaal raises $4.2 million from 62 Ventures, others

The funds will be used to strengthen the company’s foothold in its current regions, enhance market penetration and explore new markets.

https://m.economictimes.com/tech/funding/senior-citizen-app-khyaal-raises-4-2-million-from-62-ventures-others/amp_articleshow/107435651.cms


Legal 

Need State Policy On Redevpt Projects Affecting Elderly: HC

Mumbai: Bombay high court on Wednesday said there has to be a state policy to deal with delays in redevelopment projects that are affecting senior citizens.

https://timesofindia.indiatimes.com/city/mumbai/need-state-policy-on-redevpt-projects-affecting-elderly-hc/amp_articleshow/107508272.cms


Finance

This bank is giving up to 9.5% return on bank fixed deposits (FDs) to senior citizens

At Unity Small Finance Bank, senior citizens can get up to 9.50 per cent on FDs of 1,001 days.

https://www.livemint.com/money/personal-finance/this-bank-is-giving-up-to-9-5-return-on-bank-fixed-deposits-fds-to-senior-citizens/amp-11707034213109.html


Delhi’s senior citizens’ club offers recreation facilities for the elderly

According to authorities, entertainment and games facilities will be provided to the elderly, helping them connect with each other and share experiences.

https://thepatriot.in/health/delhis-senior-citizens-club-offers-recreation-facilities-for-the-elderly-45300/amp


More elderly care homes hailed in Kerala

Experts have hailed the setting up more care centres with private participation to address issues faced by state’s ageing population.

https://www.newindianexpress.com/amp/story/states/kerala/2024/Feb/06/more-elderly-care-homes-hailed-in-kerala


How To Make Your Homes Safe For Elderly – 5 Key Tips

Enhancing our living spaces with basic amenities cannot just offer safety and easy access to basic facilities for the elderly at home but also make your home accessible to people with temporary injuries, children and even pregnant women.

https://zeenews.india.com/lifestyle/homeandkitchen/how-to-make-your-homes-safe-for-elderly-5-key-tips-2718230.html/amp


Nephrologist’s book on cardiovascular and renal diseases in elderly launched

Chennai: The book authored by senior nephrologist Georgi Abraham is intended for medical practitioners with the aim of encouraging them to recognise the significance of common diseases among the elderly

https://www.thehindu.com/news/national/tamil-nadu/book-on-cardiovascular-and-renal-diseases-in-elderly-launched/article67702367.ece/amp/


India urgently requires universal pension plan, say senior citizens

The population of those above 60 is expected to reach 22.7 crore by 2036, which would constitute 15% of India’s population, and 34.7 crore by 2050, which would be 20.8% of the total population

https://www.thehindu.com/news/national/karnataka/india-urgently-requires-universal-pension-plan-say-senior-citizens/article67707267.ece/amp/


Govt To Run Foreign Language Courses For Nursing Graduates

Kochi: Agencies of Kerala government are in discussion with foreign countries to start language courses for nurses in the state to enable them to work in countries of their choice, chief minister Pinarayi Vijayan said on Tuesday.

https://timesofindia.indiatimes.com/city/kochi/govt-to-run-foreign-language-courses-for-nursing-graduates/amp_articleshow/106500402.cms


Rajasthan Government’s Jan Soochna Portal: Information About Pension, Loan, Allowances And More At One Place

,https://retirement.outlookindia.com/plan/news/rajasthan-governments-jan-soochna-portal-information-about-pension-loan-allowances-and-more-at-one-place


Why most retirees don’t find refuge in reverse mortgage

A reverse mortgage is a special type of loan that allows senior citizens to mortgage their homes without having to make any loan repayments and thus helps them tide over financial difficulties.

https://www.livemint.com/money/personal-finance/why-most-retirees-don-t-find-refuge-in-reverse-mortgage/amp-11704290051113.html


Senior citizen investment tools: Senior Citizen Savings Scheme vs FDs for seniors, which one is better

Senior Citizen FD Rates vs SCSS: Banks and NBFCs offer FD interest rates of 2.50-9.50% p.a. to senior citizens on tenures ranging from 7 days to 10 years. On the other hand, SCSS, which is a prominent investment tool, offers 8.2% interest.

https://www.businesstoday.in/amp/personal-finance/investment/story/senior-citizen-investment-tools-senior-citizen-savings-scheme-vs-fds-for-senior-which-one-is-better-411429-2024-01-01


5 Senior Care Technology Trends To Watch In 2024

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.

https://retirement.outlookindia.com/spend/senior-living/5-senior-care-technology-trends-to-watch-in-2024


Maity’s Elderly Care Services Receives International Recognition For Innovation In Indo-Pacific Startup Showcase By US Consulate

Maity’s Elderly Care Services, a trailblazer in providing comprehensive elderly care solutions, has earned global acclaim as one of the standout startups among seventeen ventures from India, Nepal, Bhutan, and Bangladesh.

https://www.ahmedabadmirror.com/maitys-elderly-care-services-receives-international-recognition-for-innovation-in-indo-pacific-startup-showcase-by-us-consulate/81869272.html


Well-being of the elderly is State’s responsibility, says Rangasamy

PUDUCHERRY

Puducherry is the only State or U.T. to provide pension benefit from 55 years onwards. The aim of welfare schemes is to provide financial independence to senior citizens, says CM

https://www.thehindu.com/news/cities/puducherry/well-being-of-the-elderly-is-states-responsibility-says-rangasamy/article67687496.ece/amp/


India’s Higher Life Expectancy Is Poised To Reshape Senior Care Sector, Housing Demand

With an estimated market size ranging from $10 to $15 billion, senior care has become a dynamic and growing field. It encompasses a wide array of services, including in-home care, online financial services, assisted living facilities, and an array of aids and devices designed to enhance the comfort and convenience of seniors.

https://retirement.outlookindia.com/spend/senior-living/indias-higher-life-expectancy-is-poised-to-reshape-senior-care-sector-housing-demand


Antara-Max Estates to set up integrated senior living facility

Antara has two projects – in Dehradun and Noida – and is launching a third one after 3 years. It intends to launch one project every year and is looking to expand to cities such as Bengaluru, Hyderabad, Chennai, Pune and Goa as demand for senior living has gone up post Covid.

https://m.economictimes.com/industry/services/property-/-cstruction/antara-max-estates-to-set-up-integrated-senior-living-facility/amp_articleshow/106359140.cms


‘We hope 2024 chases away our loneliness, bring in more engagement with society’: wish Pune’s elderly

https://indianexpress.com/article/cities/pune/aspirations-high-to-stop-the-elderly-from-feeling-lonely-9090096/lite/


5 Things To Consider Before Choosing A Retirement Community

Retirement communities provide a range of facilities and services for older people based on their preferences

https://retirement.outlookindia.com/spend/senior-living/5-things-to-consider-before-choosing-a-retirement-community


Ashiana Housing focuses on senior living in upcoming projects

As India ages and becomes more prosperous, better educated, and experiences improved healthcare, the demand for senior living is expected to rise.

https://www.cnbctv18.com/real-estate/ashiana-housing-focuses-on-senior-living-in-upcoming-projects-18593611.htm


Retirement roadmap: How to plan for your second innings? Here are 3 ways

life expectancy in India nearly doubled from 35.21 years in 1950 to 70.19 years in 2022. And while this is a positive trend that reflects remarkable progress in healthcare and quality of life, it also exposes our longevity risks;

https://www.livemint.com/money/personal-finance/retirement-roadmap-how-to-plan-for-your-second-innings-here-are-3-ways-11702358881799.html


Cyber financial fraud: What RBI can do to protect senior citizen victims

A cyber financial fraud fund, focussed solely on senior citizens, can help with instant reimbursement of funds lost to cyber financial fraud.

https://www.moneycontrol.com/news/business/personal-finance/cyber-financial-fraud-what-rbi-can-do-to-protect-senior-citizen-victims-11808831.html


Silver Innings foundation Update

Silver Inning Foundation India Document is on United Nations website for the OEWGA questionnaire on: “Identification of possible gaps in the protection of the human rights of older persons and how best to address them”.

Silver Innings continuously working for rights of older persons and person with Dementia since 2008.

Silver Innings thanks their mentor S B Somers Inpea of The International Network for the Prevention of Elder Abuse (INPEA) and Ellen Graham of Global Alliance for the Rights of Older People; for their unconditional support.

Check – Silver Inning Foundation at this link

https://social.un.org/ageing-working-group/responses_ngos.shtml


Why do senior citizens need comprehensive health insurance coverage?

Every senior citizen imagines a good retirement life with their savings, hoping it can give them all the comforts they need for the years that lay ahead.

https://health.economictimes.indiatimes.com/amp/news/insurance/why-do-senior-citizens-need-comprehensive-health-insurance-coverage/105959005


Factors to Consider When Buying Health Insurance for Aging Parents (advertisement) 

The first step is determining health insurance providers with a distinguished market reputation for robust services.

https://www.hindustantimes.com/brand-stories/factors-to-consider-when-buying-health-insurance-for-aging-parents-101702476580333-amp.html


Empowering Seniors: Harnessing Technology for Health and Well-being

As the world becomes increasingly digital, technology has proven to be a valuable asset in enhancing various aspects of our lives, including health and well-being.

https://www.expresscomputer.in/amp/guest-blogs/empowering-seniors-harnessing-technology-for-health-and-well-being/106906/


Tier 2, Tier 3 Cities Of Karnataka See An Increase In Elderly Care Homes

According to the United Nations, India’s ageing population is expected to be 19.5 per cent of the total population by 2050 and the numbers are likely to increase to 193 million by 2031 from 138 million in 2021.

https://timesofindia.indiatimes.com/city/mysuru/elderly-care-homes-in-tier-2-and-tier-3-cities-of-karnataka/amp_articleshow/105917947.cms


Out-of-hospital care provider HCAH continues to expand its footprint across India

Currently, HCAH boasts the largest chain of Transition Care Centres in the country, with over 325 beds spread across multiple cities, it claimed.

https://www.financialexpress.com/healthcare/news-healthcare/out-of-hospital-care-provider-hcah-continues-to-expand-its-footprint-across-india/3336248/lite/


5 Ways To Stay Active After Retirement

You can do many things to keep yourself busy and treat retirement not as a punishment but to enjoy and discover things you may have missed during your working years.

https://retirement.outlookindia.com/spend/senior-living/5-ways-to-stay-active-after-retirement


Bengaluru lacks skilled elderly care network

The elderly in need of the support of skilled caregivers is on the rise in Bengaluru but the city has been failing to cater to the rising demand.

https://www.newindianexpress.com/states/karnataka/2023/dec/11/bengalurulacks-skilled-elderly-care-network-2640378.amp


Exploring Serenity: One-Day Getaways Near Mumbai for Elderly Travellers

https://retirement.outlookindia.com/spend/travel/exploring-serenity-one-day-getaways-near-mumbai-for-elderly-travellers


No proposal under consideration to revert to Old Pension Scheme, says FinMin

The law does not permit refunding the back-accumulated money of employees to the State government in case of going back to OPS, says MoS Pankaj Chaudhary

https://www.thehindubusinessline.com/economy/no-proposal-under-consideration-to-revert-to-old-pension-scheme-says-finmin/article67627322.ece/amp/


3 Financial Instruments You Must Have Before Retirement

Entering retirement without essential financial instruments may restrict the full enjoyment of this phase. Ensure you have the financial tools required to make the most of your retirement journey.

https://retirement.outlookindia.com/plan/financial-planning/3-financial-instruments-you-must-have-before-retirement