POPULATION AGEING IN INDIA- A GROWING CONCERN

Population ageing is a global phenomenon. The population of elderly ( 60+) is increasing globally. The number of elderly is increasing faster than the general population across the world. The world population is not only increasing  but  also growing older due to increased life expectancies and decreased fertility rates  across  nearly all countries.Indias aging population is growing rapidly but the pace of ageing in India is considered moderate compared to some other South Asian countries. Indias elderly population is projected to grow from 10.5 % in 2022 to 20.8 % by 2050.At present India is quite young having the advantage of youth bulge. Indias population has a large percentage of young people. But it is projected to become a rapidly ageing society in the coming decades. The share of elderly people aged 60 years and above is increasing. Hence this is an area that has to be received adequate attention. Hence the present paper is focused on the problems of the ageing population and causes for the growth of elderly population and policy implications. The study of Indias populationageing is the most crucial factor for planning purposes. Indias Total Fertility Rate( TFR) was dropped from 6.18 in the 1950sto 1.9 in 2021, which is below the replacement level of 2.1.