International Journal of Social Science & Economic Research
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Title:
SOCIO - ECONOMIC CONSEQUENCES OF AGEING POPULATION IN CUDDALORE DISTRICT OF TAMIL NADU

Authors:
M. Suriyamoorthy and K. Ramu

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M. Suriyamoorthy* and K. Ramu**
*. Project Associate, Department of Economics, Annamalai University, Annamalai Nagar - 608002, Tamil Nadu, India.
**. Corresponding Author: Faculty, Department of Economics, Annamalai University, Annamalai Nagar 608 002, (Deputed to N.K.R. Government Arts College for Women, Namakkal) Tamil Nadu, India

MLA 8
Suriyamoorthy, M., and K. Ramu. "SOCIO - ECONOMIC CONSEQUENCES OF AGEING POPULATION IN CUDDALORE DISTRICT OF TAMIL NADU." Int. j. of Social Science and Economic Research, vol. 4, no. 8, Aug. 2019, pp. 5311-5323, ijsser.org/more2019.php?id=407. Accessed Aug. 2019.
APA
Suriyamoorthy, M., & Ramu, K. (2019, August). SOCIO - ECONOMIC CONSEQUENCES OF AGEING POPULATION IN CUDDALORE DISTRICT OF TAMIL NADU. Int. j. of Social Science and Economic Research, 4(8), 5311-5323. Retrieved from ijsser.org/more2019.php?id=407
Chicago
Suriyamoorthy, M., and K. Ramu. "SOCIO - ECONOMIC CONSEQUENCES OF AGEING POPULATION IN CUDDALORE DISTRICT OF TAMIL NADU." Int. j. of Social Science and Economic Research 4, no. 8 (August 2019), 5311-5323. Accessed August, 2019. ijsser.org/more2019.php?id=407.

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Abstract:
This study is a preliminary study for UGC major research project and it was conducted during August - December 2013. The main aim of this project is to assess the socio - economic implications of ageing population in the study region of Cuddalore district. The majority of the respondents (76%) are in the age of 60-70 years, another 18 percent of them are in the age of 71- 80 years and the remaining 6 percent is above 80 years. Casual labour which is the predominant occupation of the study population (47%), followed by business (35%) and the remaining 18 percent of them are dependent. The estimated cost of mean value for common, acute and chronic diseases in the private health sector is Rs.2087 (SD 1876), Rs. 3687 (SD 2656) and Rs.7876 (SD 5231) respectively, and the range of cost is Rs.1800 - 12346. The estimated mean cost in public health sector for the same is Rs.1547 (SD 821), Rs.3287 (SD 1987) and Rs.4458 (SD 2687) respectively, and the range of cost is Rs.1250 - 6250. The present research contends that alternative livelihood strategies are necessary for aged population and subsidized treatment packages for the senior citizens in private health sector are warranted. Establishment of centre for documentation of ageing (CFDA) for their professional experience may lead for sustainable development. Finally, it is of utmost importance to protect and it may also emphasize that special care for the aged population in the household is needed.