In a rapidly aging society, the significance of senior citizens cannot be overstated. With advancements in healthcare and increasing longevity, the proportion of elderly individuals in our population is growing at an unprecedented rate. From 10.5% of overall population in 2022, this trend is expected to continue, reaching 20.8% by 2050 and an astounding 36% by the end of the century.

Despite this demographic shift, the system’s response to the needs of senior citizens has been lacking. New welfare schemes are rarely announced, and existing ones are seldom reviewed or updated. The Maintenance and Welfare of Parents and Senior Citizens Act, 2007, for instance, has seen little progress in its amendment.

India, as one of the fastest-growing economies, should reflect its economic growth through the social welfare and upliftment of all population segments, especially the elderly. Unfortunately, resources are not being effectively utilized for the welfare of senior citizens, who are often perceived as less economically productive and, thus, a burden on the state.

Financial Well-being: A Major Concern

Ensuring the financial well-being of senior citizens is paramount. However, several issues have been overlooked:

• Declining Interest Rates: Fixed and savings account interest rates for senior citizens have been decreasing.
• Revoked Travel Concessions: Rail and air travel concessions previously available to senior citizens have been revoked and need to be reinstated.
• Inflation and Expenses: Rising inflation and higher expenses are straining the limited budgets of senior citizens.
• Shortage of Old Age Homes: There is a noticeable shortage of old age homes, and the conditions for those without pensions are distressing.

Addressing these issues is essential to uphold the dignity and well-being of senior citizens who have contributed significantly to our society.

Mallikarjuna Foundation: A Beacon of Hope

Our country has always upheld a profound respect for its senior citizens. Within our homes, older parents are revered, and in public spaces, they are accorded priority. However, more structured support is needed, and this is where organizations like ours - the Mallikarjuna Foundation play a crucial role.

Cataract is one of the major causes of blindness in India, affecting 12.5 million people who cannot afford treatment. The Mallikarjuna Foundation has significantly contributed to this cause by funding free cataract surgeries for elderly patients. Recently, the foundation supported Saijyothi Super Speciality Eye Hospital in conducting free cataract surgeries for seven poor elderly patients. This initiative not only restored their vision but also their ability to work and live independently.

Recognizing Their Contributions

Senior citizens have dedicated their lives to our nation, contributing economically and fulfilling their social responsibilities. It is our fundamental duty as a society and government to recognize their immense contributions and ensure their well-being.

The Mallikarjuna Foundation’s efforts in supporting cataract surgeries exemplify the kind of targeted, impactful initiatives needed to address the challenges faced by our elderly population. By continuing to support such programs, we can uphold the dignity and well-being of our senior citizens, ensuring they receive the respect and care they deserve.

Let us remember the importance of recognizing the contributions of our senior citizens and work towards a society that values and supports them at every stage of life.