{"id":298727,"date":"2024-06-07T21:00:55","date_gmt":"2024-06-07T15:30:55","guid":{"rendered":"https:\/\/forumias.com\/blog\/?p=298727"},"modified":"2024-06-07T21:00:55","modified_gmt":"2024-06-07T15:30:55","slug":"india-faces-age-related-discrimination-at-work","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/india-faces-age-related-discrimination-at-work\/","title":{"rendered":"India faces age-related discrimination at work"},"content":{"rendered":"<p><strong>Source<\/strong>: The post India faces age-related discrimination at work has been created, based on the article \u201c<strong>The ageism debate: India will gain from raising the retirement age\u201d<\/strong> published in \u201c<strong>Business standard<\/strong>\u201d on 7th June 2024.<\/p>\n<p><strong>UPSC Syllabus Topic:<\/strong> GS Paper 1- social issue and GS Paper 3- economy-employment<\/p>\n<p><strong>Context<\/strong>:\u00a0 The article discusses how both young and older workers in India face age-related discrimination at work. It highlights how such issues might grow as India&#8217;s population ages. It suggests considering raising the retirement age to utilize the experience of older workers more effectively.<\/p>\n<h2><strong>What is the Demographic Projection for India?<\/strong><\/h2>\n<p>The UN Population Fund projects a sharp rise in the elderly population&#8217;s growth rate, from 35.5% (2011-21) to 41% (2021-31). By 2046, the elderly population will surpass children under 15 years.<\/p>\n<h2><strong>What is Age-Related Discrimination in Indian Workplaces?<\/strong><\/h2>\n<p><strong>Prevalence<\/strong>: 40% of employees experienced or witnessed age-related discrimination.<\/p>\n<p><strong>Younger vs. Older Workers<\/strong>: 42% of employees below 55 faced discrimination, compared to 29% of those over 55.<\/p>\n<p><strong>Compensation Issues<\/strong>: 32% of employees under 35 feel inadequately compensated.<\/p>\n<p><strong>Job Advertisements<\/strong>: 61% report age or experience criteria in job ads, with multinationals leading this trend.<\/p>\n<p><strong>Gender Disparity<\/strong>: 42% of women report discrimination, compared to 37% of men.<\/p>\n<h2><strong>How Does India&#8217;s Retirement Age Compare Globally?<\/strong><\/h2>\n<ol>\n<li>India&#8217;s retirement age is 58-60 for most workers, with 70 for whole-time directors and 75 for non-executive directors.<\/li>\n<li>Advanced countries like Iceland, Australia, Spain, and Italy set retirement ages at 66-67.<\/li>\n<li>France faced protests over proposals to raise the pension age from 62 to 64.<\/li>\n<li>Singapore recently raised the retirement age from 63 to 64 and the re-employment age from 68 to 69.<\/li>\n<\/ol>\n<h2><strong>What should be done?<\/strong><\/h2>\n<p><strong>Raise Retirement Age:<\/strong> Increase the retirement age to benefit from older workers&#8217; experience. India\u2019s current retirement age is 58-60 years, while countries like Iceland and Australia set it at 66-67 years.<\/p>\n<p><strong>Prepare for Demographic Changes:<\/strong> Plan for an ageing population. The UNPF projects the elderly population will surpass children by 2046, necessitating policy adjustments.<\/p>\n<p><strong>Question for practice:<\/strong><\/p>\n<p>Discuss the potential impact of raising the retirement age in India on addressing age-related discrimination and leveraging the experience of older workers in the workforce.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: The post India faces age-related discrimination at work has been created, based on the article \u201cThe ageism debate: India will gain from raising the retirement age\u201d published in \u201cBusiness standard\u201d on 7th June 2024. UPSC Syllabus Topic: GS Paper 1- social issue and GS Paper 3- economy-employment Context:\u00a0 The article discusses how both young&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/india-faces-age-related-discrimination-at-work\/\">Continue reading <span class=\"screen-reader-text\">India faces age-related discrimination at work<\/span><\/a><\/p>\n","protected":false},"author":10320,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1230,1286],"tags":[10503,263,264],"class_list":["post-298727","post","type-post","status-publish","format-standard","hentry","category-9-pm-daily-articles","category-society","tag-business-standard","tag-gs-paper-1","tag-society","entry"],"jetpack_featured_media_url":"","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/298727","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10320"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=298727"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/298727\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=298727"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=298727"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=298727"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}