Life expectancy set to increase globally. Can India create more jobs, policies for its older population?

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Key Points

Men globally are expected to live 4.9 years longer, and women 4.2 years longer, by 2050 compared to 2022, showed the latest findings from the Global Burden of Disease Study (GBD) 2021, published in The Lancet's May edition...

In India, females' life expectancy is expected to rise from 73.3 years in 2022 to 75.7 years in 2030 and 79.8 years in 2050, reflecting an increase of 2.4 years by 2030 and 6.5 years by 2050..

Similarly, males are projected to experience an increase, with life expectancy rising from 69.6 years in 2022 to 72.0 years in 2030 and 76.2 years in 2050, marking an increase of 2.4 years by 2030 and 6.6 years by 2050...

Furthermore, Healthy Life Expectancy (HALE) at birth, which estimates the average number of years a person can expect to live in "full health," is forecasted to improve..

On the health economy front, longer life expectancy generally leads to higher healthcare costs, as older adults require more medical care, leading to increased healthcare expenditures..