Here we go. The article in this morning Times of India talks about it.
With only 7% workforce in over 50 age band, clearly most organisations are focusing on the young ones. After all why waste time on those who won’t be productive!
The talk about retirement age. A lot of countries don’t have a retirement age. But that stands to reason at one level. Unlike India, they have an ageing population. In India, the old had to make way for the new. Repurposing the old (some handful of organisations are doing that) as a concept will take time coming.
It’s what the larger population wants is what drives everything in this country. Witness the politics, vote bank focus is what drives economic policies.
We always tend to focus on the larger number because it makes sense.
I have no problem with that. After all, political parties exist to stay in power, the business of organisations is to increase profits and share value.
But this 7% is going to change in the future. It is changing already but just because the change is happening at an urban level, and when you take in to account the entire population of the country, it does look small so no one is paying attention to it.
But when the larger shift happens, as always happens in this country, we will be totally unprepared and won’t know what to do.