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INDIA: Legislating Family Obligations (extract).
"India may be a young country, with half the population under the age of 25, but it also has an ageing population, with about 75 million elderly persons, a large proportion of them poor and many of them uncared for by their immediate families.
The existing pension programmes (such as the Employees Pension Scheme) are inadequate from the perspective of meeting the needs of people in their declining years, so it is not surprising that the government wants to find new ways to take care of this growing group.
A number of new schemes are planned, from augmenting the old-age pension scheme, announced by the Prime Minister on Independence Day, to the Maintenance and Welfare of Parents and Senior Citizens Bill, 2007.
The Bill is well-intentioned but, as with many other attempts at helping citizens, it is likely to end up creating more problems than solutions"...
The existing pension programmes (such as the Employees Pension Scheme) are inadequate from the perspective of meeting the needs of people in their declining years, so it is not surprising that the government wants to find new ways to take care of this growing group.
A number of new schemes are planned, from augmenting the old-age pension scheme, announced by the Prime Minister on Independence Day, to the Maintenance and Welfare of Parents and Senior Citizens Bill, 2007.
The Bill is well-intentioned but, as with many other attempts at helping citizens, it is likely to end up creating more problems than solutions"...
Ravi Chawla (Seniorsworldchronicle), 2007.
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