Overseas Elderly Indians constitute 1 trillion Dollars economy

Overseas Indians, bulk of them elderly, constitute a 1 trillion Dollars economy

India became independent with 350 million person country with average age of 27 years. Now it is 1350 million person country with average life expectancy nearing 70 years.

The independent Indians refused to die and continued contributing, not only to National growth but have made great contribution to Global growth too.

Let us examine the Covid situation and Indian contribution.

India should have been the worst affected country as so many persons came back from Wuhan, the starting point of Covid. However, we are not only the least affected but are now providing relief to the whole world in this.

In this we have to analyse the contribution of India’s elderly people, who we were told would be severely affected. The systems and habits followed by them are now followed internationally, starting with Namaste and the other cleanliness habits.

Now vaccines for Covid, also spearheaded by Indians have become a global need. India is setting standards in healthcare for others to follow.

Other points on elderly in India is the name they are getting in all sectors of Indian and global economy. Overseas Indians, bulk of them elderly, constitute a 1 trillion Dollars economy. This is music to ears and brings back over 70 billion Dollars per annum to the country.

Similarly in India, in every sector, their contribution is very important and has become the back bone to support the young to achieve greater results.

Author Bio

Dr. P. Sekhar,
Chairman - Unleashing India, Global Smart City Panel, Micro Tech Global Foundation.

Dr. P. Sekhar,
Chairman – Unleashing India, Global Smart City Panel, Micro Tech Global Foundation.

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