February 28, 2011

Agewell congratulates FM for Senior Citizens-friendly budget

So far as Senior Citizens are concerned, it is a welcome budget”, says Mr. Himanshu Rath of Agewell Foundation.

On behalf of millions of older persons of India, Himanshu Rath of Agewell Foundation (an NGO working for the welfare of older persons across the country) has expressed gratitude towards Finance Minister Mr. Pranab Mukherjee for keeping in mind concerns of older persons.

It’s a welcome change. At last the government has taken a note of precarious condition of older people. After a long-awaited demand, older persons in the age-group of 60-65 years will also be treated as Senior Citizens by Income tax departments.  With revised budget provisions, now they are eligible for tax benefits and reliefs allowed to senior citizens. Earlier income tax-exemption limits for senior citizens were allowed to only older persons who were above 65 years.

This budget has increased income tax slab for senior citizens upto 2.5 lakh. With provision of tax exemption upto Rs. 5 lac for senior citizens above the age of 80, most vulnerable section of senior citizens have also got special treatment in this budget.With increasing inflation rate day by day, senior citizens were expecting such kind of schemes from finance minister Pranab Mukherjee.


February 11, 2011

ECOSOC, United Nations awarded ‘Special Consultative Status’ to Agewell

First Indian NGO in old age sector to receive the Special Consultative Status at UN

The Economic and Social Council of the United Nations (ECOSOC) awarded ‘Special Consultative Status’ to the Agewell Foundation, an acknowledgement of its exceptional social work across India. ECOSOC is one of the six principal organs of the United Nations. It made the announcement of the award during the regular session of its Committee on Non-governmental Organizations on 9th February, 2011 at UN Headquarters, New York. Agewell Foundation has thus become the first Non-governmental organization from Old Age Sector in India to receive the status with the ECOSOC.

Needless to say, Agewell Foundation can participate in deliberations of the Council of ECOSOC and play a significant role in welfare and empowerment of older persons across the world with the support and assistance from global organizations, especially international organizations and subsidiaries controlled by United Nations.

The council recognizes the work being done by Agewell Foundation in India for last 12 years and expresses its faith in Agewell Foundation’s mission as well as in its capabilities to guide and lead the NGOs working in the sphere.

The Special Status for the first time to an Indian NGO from old age sector recognizes the fact that population ageing is a bigger challenge for India, as it is the second most populated country in the world and as per UN projections it will be most populated country in the world by 2030. Developing countries like India need to give special attention to old age sector.

Returning from the regular session of Committee on NGOS of ECOSOC, United Nations in New York, Mr. Himanshu Rath, Chairman, Agewell Foundation said, “It is a great achievement for our organization. Indeed, for many years, we have been raising our voice at various international forums that in India fast increasing population of older persons not only posing as a bigger challenge to the government but also to the society. Recognizing our concern, ECOSOC, United Nations has given Special Status to an Indian NGO from old age sector. Of course, this is moral boosting news for all of us at Agewell Foundation, its volunteers and associates spread across India.”

About Agewell Foundation
Agewell Foundation was established in 1999 as an NGO dedicated towards the welfare of Older Persons across the country. Agewell is bringing about a change in the perception of old age and assist older persons to move towards confidence, respect and mutual caring. It has established a consortium of over 1500 NGOs and 6500 volunteers spread across 540 districts of India, working on improving interaction and transaction between generations and extend support and strength to millions of older persons of India. 

For more information please visit our website: www.agewellfoundation.org