No more retirement from work in India

It looks like all of a sudden our country is surrounded by troubles of all kinds. I would not blame it on coincidence rather I’d say ‘this was bound to happen’. Amidst the terror threats and natural disasters, India is now faced with yet another problem. Yes, the retired folks either have no or insufficient pensions. As a result, they are compelled to return to work. And the problem does not end there as companies are only willing to bet their money on the young blood. Blame it on the changing lifestyles that the much revered PFs are falling short to make ends meet for the aged but there are others who do not have children of their own to look after their needs as they enter their golden years.
This reminds me of countries like Australia and Japan (I’m sure there would be others too). The infrastructure of the two countries includes looking after those who can’t look after themselves. Japan offers a monthly allowance for children while the Aussie law tells the country’s treasurer to shell out a neat pocket money to the unemployed. Similarly, India should also take up responsibility of the elderly amongst other worthy candidates of special concern like children, unemployed etc. In other words, we should reach a situation where people are no longer scared to age because the government will provide for them.
Yet another issue that needs urgent attention. Please do not ignore this time too.
Via ibn

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