Jun 30, 2016 - 24X7 open shops may push up sales 6-7%

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
Amongst all the talk about India being a young country, there's not enough being said about India's old. This article argues that India is cleaving into two countries, the old south and the young north. In the 10 years to 2011, the population of Indians 60 and older grew 27 million, a 35% increase over 2001, and the largest increase over a decade. There are now 104 million elderly Indians. Together, they would constitute the world's 14th largest country; 71% live in rural areas where medical and psychological support is minimal. By 2050, the number of sexagenarians will rise to 300 million, a three-fold jump, predicts a report from CRISIL Research. Falling fertility and fewer children implies that three southern states (Kerala, Goa and Tamil Nadu) contain the highest proportion of elderly in India.


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