Recently I had a chat with Professor Masahiro Fujiwara, President of a Japanese Foundation celebrating its 100th anniversary. He said that Japan’s population consists of more than 30 per cent of the elderly and hence has adopted many schemes to cope with this demographic explosion. He said, “India is a young country and unless you prepare now itself you will be swamped by the grey tsunami.” Prophetic words indeed.
Increasing life expectancy and an increasing number of older persons is becoming the norm today. The fastest growing aged segment in many countries is the. . .