Positive Implications of Ageing for Indian Families: Aged as an Asset
If ageing is to be a positive experience, the increase in longevity must be simultaneously accompanied by an increase in opportunities for health, participation, and security. Active ageing is the process to achieve this objective.
In order to achieve active ageing, certain conditions must be satisfied, of which engagement in the labour market is an important condition. This chapter reviews the literature on labour market engagement of the aged Indians.
Most of the studies report that the aged workers are engaged in the informal sector. Further, they are concentrated in low-paying occupations. Even within such occupational categories, they earn less than that of the near-elderly workers (aged 55–59 years). It also appears that there is substantial discrimination against aged workers.
KeywordsActive ageing Earnings Informal sector Labour market engagement India
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