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Study Report : Changing Patterns of Income & Expenditure of Older People in India: An Assessment - April 2018

Changing Patterns ofIncome & Expenditure of Older People in India: An Assessment
April 2018
NATIONAL
Study conducted  Under RESEARCH & ADVOCACY CENTRE (For Needs & Rights of Older people)

Agewell Foundation (In Special Consultative Status with the ECOSOC at United Nations since 2011) -Associated NGO Status with UN-DPI-

M-8A, Lajpat Nagar-II, New Delhi-110024, India +9111-29836486, 29840484 agewellfoundation@gmail.com www.agewellfoundation.org https://www.facebook.com/AgewellFoundation/



I.Introduction
In today's market oriented world, everyone's life is affected by never ending possibilities in the market and each one of us is a consumer. India is one of the fast growing economies and with rapid globalization, liberalization and privatization of Indian economy; India is already world's 6th largest economy in 2018. Till few years back, Indian market was focused on younger people and older persons had never been considered as primary consumers due to their negligible presence in n…