Healthy ageing: Adjust policies to capture the upside through innovation

The study notes that more recent cohorts of older individuals are physically stronger and cognitively sharper than earlier cohorts of the same age

Ageing societies are frequently associated with slowing growth and increasing fiscal pressures, but the latest “World Economic Outlook” (WEO) of the International Monetary Fund offers a nuanced perspective, highlighting the potential economic dividends of healthy ageing. Globally, the narrative on ageing has largely centred on fiscal implications, including rising health care costs and pension liabilities. India is no exception. The study featured in the WEO estimates that ageing could shave 70 basis points off India’s annual gross domestic product growth between 2025 and 2050. As India moves past its demographic turning point in the second half of the century, this