The greying country: Will India's rising senior population power a silver economy, or become a big strain?

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The share of the elderly in India’s population is projected to rise from 8.6% in 2011 to 19.5% (around 319 million) by 2050, according to the Longitudinal Ageing Study in India (LASI) by the Ministry of Health and Family Welfare. If one expands the lens to include adults aged 45 and above, they will account for nearly 40% of the population— an estimated 655 million people by 2050.